Answer:
64 is the sum of the numbers
58 + 6 = 64
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Answer: Time and half---$15.60
Double time--$20.80
Step-by-step explanation:
TIME AND A HALF
$10.40/2= $5.20
$10.40 + $5.20=$15.60
DOUBLE TIME
$10.40 x 2 =$20.80
Answer:
measure aggregate output by adding up the total expenditures by households. Then, if we assume that one person's spending is another person's income, an equivalent measure of the value of total output would be the total income reported by individuals.
Step-by-step explanation:
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a) Aiden's taxable income is $50,450.
The taxable income is equal to the gross income minus the standard deduction.
= $50,450 ($63,000 - $12,550).
b) Aiden's marginal tax rate = 22% (for taxable income falling under the income bracket of $40,526 to $86,375 for the tax 2021 year. It is assumed that Aiden is single.
c) Aiden's effective tax rate = 13.72%. The effective tax rate = total taxes due divided by Aiden's taxable income.
= 13.72% ($6,922/$50,450 x 100)
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