A high school secretary is under obligation to convey the students regarding the rules and regulations as well as the upcoming events that are about to take place in a high-school through a newsletter.
<h3>What is a newsletter?</h3>
A bulletin of information, which is circulated among the members of an organization and any such person who has substantial interest in such information, is regarded as a newsletter.
A newsletter is attached in the form of an image with this part for the purpose of reference.
Hence, a newsletter that is required to be circulated by the high-school secretary will be in the form of the image being attached.
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If a $1,000 increase in income leads to an $800 increase in consumption expenditures, then marginal propensity to consume is 0.8.
Given that a $1,000 increase in income leads to an $800 increase in consumption expenditures.
We are required to find the marginal propensity to consume.
Marginal propensity to consume is the ratio of increase in consumption and the increase in income. It is also known as MPC.
MPC=ΔC/ΔI
ΔC=Change in consumption
ΔI= Change in income.
MPC=800/1000
=0.8
Hence if a $1,000 increase in income leads to an $800 increase in consumption expenditures, then marginal propensity to consume is 0.8.
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Answer:
The correct answer is
D. Request the client to have the bank seal the safe deposit box until the auditors can count the securities at a subsequentdate.
The correct answer is C) The relation of tax rate to income
Tax progressivity basically means that the more you earn the higher your taxes are.
