where are the statements?
The equilibrium level of consumption is $28500.
The equilibrium level of consumption is at the point where the disposable income is equal to the consumption.
If this was properly placed in a tabular form, we would clearly see that when the disposable income was at $28500, the consumption in dollars was also at the same price level.
Given this condition, we can conclude in economics that consumption is at its level of equilibrium.
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Answer:
Option B: will reduce
Explanation:
Immigration is simply movement from one country to another with the intention of staying. Immigrant are coming into the US yearly .
If U.S. immigration consists of mainly low-skilled workers, then an increase in immigration reduce the wages of low-skilled workers as they are too much and wages will have to fall.
Answer:
Social Security taxes definition. ... The Social Security tax is levied by the U.S. government on both the employee and the employer. In 2019 the Social Security portion of FICA (excluding Medicare) to be withheld from the first $132,900 of each employee's annual salary or wages is 6.2%.
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