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3 years ago

To change gross income, someone would need to

2 answers:

7 0

The answer is C. Earn more money

Gros income is the amount of money you earn in your paycheck from work. This after all deductions (such as taxes) are dealt with. So in all it's the amount of spending money you are paid. The only real way to change this is to make more money, therefore; your answer is C.

elena-14-01-66 [18.8K]3 years ago

3 0

C.) To change gross income, someone would need to "Earn More Money"

Hope this helps!

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3 years ago

Jenny wants to open a savings account to begin saving to buy a house. Which institution will most likely provide her with the be

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3 years ago

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true or false? if a currency is experiencing relatively high inflation, then its buying power is decreasing and international in

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1 year ago

Page 529 16.3. what is supply-side fiscal policy? identify each policy action as being focused on the demand side, the supply si

boyakko [2]

Answer:

From the example given,the 4 answer s to the question consist of both the demand and supply side, demand side, supply side.

It is explained better in the explanation box below.

Explanation:

Solution to the question

Categories Demand side  Supply side  Both

(1)Increasing spending on ‘Shovel ready”’ projects is on Demand Side

(2)Lowering income tax rates at all income level is Both

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3 years ago

Suppose you inherited $275,000 and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20

navik [9.2K]

Answer:

withdraw amount = 28532.45

so correct option is a. $28,532

Explanation:

given data

present amount = $275,000 bonus

interest rate = 8.25% per year = 0.0825

time period = 20 year

solution

first we get here Cumulative discount factor that is

Cumulative discount factor = $\frac{(1-(1+r)^{-t}}{r}$ .........................1

here r is rate and t is time period

put here value and we will get

Cumulative discount factor = $\frac{(1-(1+0.0825)^{-20}}{0.0825}$

solve it we get

Cumulative discount factor = 9.638148

and now we get so here withdraw amount at the end of each of the next 20 years that is

withdraw amount = Present amount ÷ cumulative discount factor ............2

put here value

withdraw amount = $\frac{275000}{9.638148}$

solve it we get

withdraw amount = 28532.45

so correct option is a. $28,532

8 0

3 years ago