To lower his insurance rates, Damon increases his deductible from $240 to $360. What is the precent increase in his deductible?
1 answer:
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Answer:
c) $22 trillion.
Step-by-step explanation:
We have been given that disposable income is $20 trillion, taxes are $6 trillion, and transfers are $4 trillion. We are asked to find income in trillions.
, where each amount is in trillions.
Therefore, the income is $22 trillion.
Answer:
Option C)
Step-by-step explanation:
We are given the following in the question:
I is the annual income of a person in a country R
2 percent of one’s annual income =
1 percent of one’s annual income =
Average of 100 units of Country R’s currency and 1 percent of one’s annual income.
Income tax =
2 percent of one’s annual income + Average of 100 units of Country R’s currency and 1 percent of one’s annual income.
Thus, income tax is given by
Option C)