1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Zigmanuir [339]
3 years ago
15

Suppose that there are 2 million inhabitants of a country in which 1 the mean gross (before tax) income is $20,000 per year. Sup

pose that the mean individual pays taxes on $3000 per year. What is the total disposable income (gross income minus taxes) per year for the country as a whole?
Mathematics
1 answer:
andrew11 [14]3 years ago
4 0

Answer:

$34 billion

Step-by-step explanation:

Data provided in the question:

Total number of inhabitants of a country = 2 million

1 mean gross income = $20,000 per year

Tax paid by mean individual = $3000 per year

Now,

Mean disposable income

= Mean gross income - Mean tax

= $20,000 - $3,000

= $17,000 per year

Therefore,

Total disposable income per year

= Mean disposable income × Total number of inhabitants of a country

= $17,000 × 2 million

= $34 billion

You might be interested in
Use parallelogram ABCD. What are the values of x and y?<br><br> x = <br> y =
Tasya [4]

Answer:

x = 17 and y = 10

Step-by-step explanation:

ABCD is a parallelogram

So AB = CD and AD = BC

so

3x - 9 = 42

3x = 51

 x = 17

and

4y - 3 = 37

4y = 40

 y = 10

Answer

x = 17 and y = 10

6 0
3 years ago
Read 2 more answers
The length of a rectangle is two more than two times its width. The perimeter of the rectang
sattari [20]

Answer:

a

Step-by-step explanation:

8 0
3 years ago
Does this image show an enlargement or a reduction?
evablogger [386]

Answer:

the image shows reduction

Step-by-step explanation:

the scale chosen is 1.7

6 0
3 years ago
Read 2 more answers
Find the Area of this figure.
grin007 [14]

Answer:

158 m²

Step-by-step explanation:

I made this into 3 rectangles.

Figure 1:

9•8=72

The 9 is from the 13 m side, but I've taken 4 m off from the overlapping square.

Figure 2:

6•7=42

The 7 is from the 10 m side, but I've taken 4m off from the overlapping square again.

Remaining Area:

If you extend the lines into figures 1 and 2 from the top left corner and bottom right corner vertically, you will get a rectangle that is (11 m) x (4 m). This is not yet accounted for.

11•4=44

Add together: 72 + 42 + 44 = <u>158</u>

*Note: You could also find the area of the squares a much easier way by subtracting the overlapping part after finding the area of both figures , but this is how I did it*

5 0
2 years ago
You decide to put $100 in a saving account to save for a $3000 down payment on a new car. if the account has an interest rate of
valkas [14]
Hi there
The formula is
A=p (1+r/k)^kt
A future value 3000
P present value 100
R interest rate 0.02
K compounded monthly 12
T time?
We need to solve for t
T=[log (A/p)÷log (1+r/k)]÷k
T=(log(3,000÷100)÷log(1+0.02÷12))÷12
T=170.202 years

So it's a
Hope it helps
4 0
3 years ago
Other questions:
  • Who wants a brainist whats the how do you convert ratios
    5·1 answer
  • Write 6.92 x 10 (-8 exponent) in standard notation.. A. 0.00000692 . B. 0.000000692 . C. 0.0000000069 . D. 0.0000000692
    13·1 answer
  • What is 25 percent of 78 dollars
    10·2 answers
  • Erica bought 3 1/2 yards of fabric if she uses 2/3 of the fabric how much will she have left?
    12·1 answer
  • A coffee shop owner claims that more than 80% of coffee drinkers think that taste of a shops coffee is very important in determi
    7·2 answers
  • A vehicle is purchased for $18,000, with a down payment of $6,098. The balance in financed for three years at an annual rate of
    7·1 answer
  • Which estimation could be used to make sure the answer is reasonable? Sofia mixed 3.15 L of grape juice with 4.75 L of cranberry
    5·2 answers
  • X2 - 2x + 2 = 0
    10·1 answer
  • cool/3d18c3ab-98a2-4989-9e70-1d62f58e3bcf/Showitem?returnView=&amp;studentItemid=0&amp;backPath Question 3 of 17 A room has dime
    14·1 answer
  • A) (x + y + 4).(x + y –4)
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!