Answer:
$103,000
Explanation:
W-2 taxable income = gross salary - employee contributions to 401-K - flexible spending account savings - health insurance paid by employee
W-2 taxable income = $120,000 - $12,000 - $2,000 - $3,000 = $103,000
Form W-2 records all the employee's taxable income including wages, salary, tips, bonuses, and other taxable compensation. It also includes all the deductibles that employees can make including 401-K contributions, health premiums and flexible spending accounts.
Answer:
The correct answer is letter "C": a result of more efficient resource allocation than would be observed in the absence of trade.
Explanation:
Trade has allowed societies to exchange their products according to their needs. Thanks to trade those goods are distributed accordingly more <em>efficiently </em>since, in isolation, countries would be specialists of certain types of products only which is unlikely to be enough to cover all the individuals' needs in those societies.
Explanation:
a. The computation is shown below:
As we know that
Multiplier = 1 ÷ 1 - MPC
1.5 = 1 ÷ 1 - MPC
So, MPC is 0.3333
Now the real GDP is
= Multiplier × Government spending
= 0.3333 × $70 billion
= $105 million
So the change in real GDP is
= $105 million - $70 million
= $35 million
b. The computation is shown below:
As we know that
Multiplier = 1 ÷ 1 - MPC
Multiplier = 1 ÷ 1 - 0.6
So, multiplier is 2.5
Now the real GDP is
= Multiplier × Government spending
= 2.5 × $16 billion
= -$40 million
c. As we know that
Real GDP = Multiplier × Government spending
$280 billion = Multiplier × $70 billion
So, the multiplier is 4
Now the MPC is
Multiplier = 1 ÷ 1 - MPC
4 = 1 ÷ 1 - MPC
So, the multiplier is 0.75
Answer:
At least $2,500. If the family's income was $0, then the government will transfer $2,500 to them.
Explanation:
A negative income tax refers to a welfare system where individuals earning below a certain amount, instead of being taxed, receive money transfers from the government.
To improve their written content, the designer can do the following:
- Understand the audience he targets.
- Incorporate storytelling to capture the interests of his audience.
- Make the presentation simple.
- Incorporation of text in the User Interface.
- Make a good copy to sell your skill.
<h3>Who is a designer?</h3>
A designer is an individual that uses computer-aided software and devices to plan and draw the soft/hard copies of a material.
A User Interface designer designs the screens that users go through while surfing a website.
To improve their written content and improve their portfolio, they can use the numbered steps above.
Learn more about UI Designers here:
brainly.com/question/898119
