<span>A good rule is that you will sno more than 25 - 30% of your gross income. You ought to spend close to 30 percent of your pay on lodging. You may hear that dependable guideline from a monetary counselor or parent, a landowner or bank. It's implanted in online spending adding machines and government approaches. The standard business proposal for contract installments is that close to 30 percent of your gross salary ought to go to your regularly scheduled installments.</span>
Answer:
The correct answer is C: 48000
Explanation:
The Expenditure Approach is a method of measuring GDP by calculating all spending throughout the economy including consumer consumption, investing, government spending, and net exports. This method calculates what a country produces, assuming that the finished goods and services of a country equals the amount spent in the country for that period.
<u>The formula is: </u>
GDP=C+I+G+/-NX
GDP: Gross Domestic Product
(C) consumer spending – this is the amount that all consumers spend on goods and services for personal use.
(I) investment – this is the amount that businesses or owners spend to invest in new equipment or expansions.
(G) government spending – this includes spending on new infrastructure like bridges and roads.
(NX) net exports – this includes spending on a country’s exports minus its spending on imports.
AddedGDP= 56000-8000
AddedGDP= 48000
Answer:
$51,022
Explanation:
Gross income is the aggregate of wages income, interest income, and FMV only.
Given that,
Wages (box 1 of Form W-2) = $50,000;
Interest income = $1,000;
Christmas ham (FMV) = $22;
DCB, box 10 of Form W-2 = $2,000 (Spent $1,500 for childcare)
Gross income:
= Wages + Interest + FMV
= 50,000 + 1,000 + 22
= $51,022
Therefore, the gross income must Jerome report is $51,022.
Answer:
When the firm produces 1 unit, its cost per unit is 33.33. There would be about 8.33 decrease in the cost.
Explanation:
Now lets take this apart. The y value is exclaimed as the price per unit, which is not listed. The A value given in the graph is (50, 1.5), which the y and x axis do not have names to what they represent. However, from the information provided we can say that y = the price per units (50 for 1.5).
Going from that, what would 1 be? Well, if it costs 50 per 1.5 units then it would cost 33.33 per unit.
Now if they increased their product production and (50 ,1.5) was replaced by (50, 2), then the cost per unit would be 25 per unit. There would be about 8.33 decrease in the cost.
It's been a bit since i've done slopes and price per unit stuff, sorry if its a bit rusty. Good luck on your test xx
