Answer:
1. Increase in real income percentage = 1.5%
2. Rate of inflation = 1.7%
Explanation:
For computing the percentage of how much real income would increase, we have to apply the formulas which are shown below:
The increase in real income percentage would be equal to
= increase in nominal income percentage - increase in price level percentage
= 5.3% - 3.8%
= 1.5%
And, the rate of inflation equals to
Nominal income - the rate of inflation = Real income
2.8% - rate of inflation = 1.1%
So, the rate of inflation = 1.7%
The correct answer should be Option C: 30 graphic T-shirts on sale for $10
.
Answer:
that you should pay your own savings and investment accounts first. You are "paying" your future self by saving for your long-term needs and expenses.
Explanation:
Answer:
The correct answer is B. indirect blindness.
Explanation:
Blindness is lack of vision. It can also refer to vision loss that cannot be corrected with conventional lenses or with contact lenses.
Partial blindness means that you have very limited vision.
Complete blindness means that you cannot see anything and DO NOT see the light. (Most people who use the term "blindness" mean complete blindness.)
People with less than 20/200 vision with glasses or contact lenses are considered legally blind in most states in the United States.
Vision loss refers to partial or complete loss of vision. Such loss of vision can happen suddenly or over time.
