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snow_lady [41]
3 years ago
11

What is the difference between gross pay and net pay? gross pay describes your pay after deductions; net pay is before gross and

net pay are the same net pay describes your pay after deductions; gross pay is before none of the above?
Business
1 answer:
kobusy [5.1K]3 years ago
8 0
<span>Net pay describes your pay after deductions; while gross pay describes your pay before tax deductions. Net pay is your "take home" pay after tax has been deducted while gross pay describes your gross income (I.e the amount prior to tax withholdings). Quite basically, Gross pay is the amount of money an employees receives before any taxes and deductions are taken out it. While Net pay is the amount received after taxes and deductions have been taken.</span>
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galben [10]

Answer:

It's best to invest in the second economy

Explanation:

The question does not provide information on the hypothetical economic expectations of the two economies, but as a risk-averse investor, it's a better idea to try to "spread" the risk instead of concentrating it.

In the first economy, conditions might or might not be good. If they are good, returns will be extraordinary because all stocks will provide good returns, but if conditions take a turn for the worse, all stocks prices will fall and the financial consequences will be catastrophic.

In the second economy, results might never be as good as in the first economy, but they also will not ever be as bad. The risk is spread between various stocks, and while some may fall in price, others will rise, and viceversa. For a risk-adverse investor, this a far better option.

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3 years ago
You have been given $100 to go school shopping. Identify how you would spend the money based on “needs” and “wants”.
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Sergeeva-Olga [200]

The level of each variable measured is (1)  the type of credit card is Nominal variable or a categorical variable which comes under multiple categories.(2) the amount (in dollars) of each purchase is ration variable it can have both discrete it starts at a fixed zero point.

Explanation:

  • There are four levels of measurement, while analyzing data of columns.
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  • Nominal can have classification race,gender,ethnicity.
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  • Numbers are still used arbitrary.
  • Interval distance between the numbers Celsius,Fahrenheit and kelvin.
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