Answer:
3 basics decision that need to made or taken by all the economies are
1. What to produce
2. For whom to produce
3. How to produce
Explanation:
The 3 basic decisions which should be made by the all economies are:
1. What to produce - Under this, the economies need to decide that what product or service they need to produce, which is liked by the consumers or purchased by the consumers so that they could sell their product in the market and earn profit out of it. In this, the economy need to take care of the needs or demand of the consumers and produce accordingly.
2. How to produce - Then the second decision is regarding how to the produce the goods or services, which the customers or consumers want as they have the limited resources available with them and from that they cannot produce all the products. So, they need to choose or decide.
3. For whom to produce or who consumes it - Under this, they required to take the decision regarding that for whom they are producing the goods or services whether it is a company or a consumer or economy.
Public Sector: the part of an economy that is controlled by the government.
( The government controls the income, and everything part of a business)
Private Sector: the part of the national economy that is not under direct government control.
( Sometimes referred to as " a citizen run business" in which a citizen makes all the choices and decisions for what is best for their business)
Answer:
Form W-2, also known as the Wage and Tax Statement, is the document an employer is required to send to each employee and the Internal Revenue Service (IRS) at the end of the year. A W-2 reports the employee's annual wages and the amount of taxes withheld from their paychecks. A W-2 employee is someone whose employer deducts taxes from their paychecks and submits this information to the government.
Explanation:
Answer:
a. $21,725.65
b. $19,385
c. 27,421.32
Explanation:
Savings = 125,000
Annuity Formula :
[ 
( 
) ] = 
( 
)
Solving the equation we get,
A = $21,725.65
