Explanation:
A cost-of-living index is a theoretical price index that measures relative cost of living over time or regions. It is an index that measures differences in the price of goods and services, and allows for substitutions with other items as prices vary.
Answer:
Extrinsic value is the portion of the worth that has been assigned to an item by external factors.
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Answer:
156
Explanation:
78
× 2
multiply the 2 by 8 first
then multiply the 7 by 2
The term that describes the situation where <em>fixed and variable </em><em>expenses</em><em> are higher than</em> net income is <em>D. dissaving.</em>
Dissaving happens when an individual is spending from either previous savings or borrowing to fund current expenses.
Dissaving is commoner with retirees than those currently employed. But it can also happen to currently-employed persons, whose expenses are more than their incomes. They should find strategies to stop the negative saving. Otherwise, their debts may be overbearing in future.
Thus, dissaving means negative saving or <em>spending more than income.</em>
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Answer:
$16,500
Explanation:
The computation of the deferred income tax liability for the year 2021 is shown below:
= Amount not included in tax return × enacted tax rate for 2022 year
= $66,000 × 25%
= $16,500
Simply we multiplied the amount not included with the enacted tax rate for 2022 year so that the correct amount could come
And, we ignored the other information given in the question
