Dude, you've got your priorities all sorted out ahahah
Answer:
The idea that a higher price means the buying power of income has been reduced.
Explanation:
The income effect is defined as the change in consumption of goods of services after a change of income. If income grows, it is expected that the consumption of goods and services will also grow (this can be measured by the marginal propensity to consume), and viceversa.
If prices rise, the buying power of income will be reduced even if income has grown. If prices rises even more than income, the buying effect of income will fall even more. This two statements can be both explained by the income effect concept.
Answer:
There is a positive adjustment of $5,200
Explanation:
Medical expenses
$2,500
State income taxes
$0
Charitable contributions
$5,000
Qualified housing interest
$6,000
Casualty loss
$1,800
Miscellaneous itemized deductions
$0
Total
$15,300
There is a positive adjustment of $5,200
Answer:
B. Check for positions in your area
Explanation:
i think though!! im not sure
