Answer:
$30,000
Explanation:
Given the following information:
Employer Contributions = $9,000
Employee Contributions = $12,000
Earnings = $4,000 + $5,000
Jack should be given 100% of his contributions and the earnings of those contributions due to the vesting schedule, which he is entitled to because he has only worked for 6 years.
As a public service announcement at an airport
Answer:
Payback period = 3.5 years
Explanation:
Net income $50,000.00
Add: Depreciation expense<u> $42,000.00</u>
Net annual cash inflow <u> $92,000.00</u>
Payback period = Initial investment / Annual cash inflows
= $324,000 / $92,000
= 3.5 years
If a new poverty measure were calculated to include wealth (total debts subtracted from total assets), that new poverty measure would reflect the fact that since the definition of poverty includes both wealth and income, it has taken on a two-dimensional form, meaning that different people with the same level of wealth may have different poverty levels. Similar to this, individuals with the same income level may have various levels of poverty.
Access to clean water, food, shelter, and clothing are examples of basic needs that can be used to gauge one's level of poverty. It has been proven that people can earn enough money to cover their basic needs but still spend it poorly.
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The marginal propensity to consume tells us by how much consumption expenditure changes when disposable income changes.
<h3>What is marginal propensity?</h3>
In economics, the marginal propensity to consume (MPC) is defined as the proportion of an aggregate raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it.
<h3>What is the MPC and MPS?</h3>
Key Takeaways. The marginal propensity to save (MPS) is the portion of each extra dollar of a household's income that's saved. MPC is the portion of each extra dollar of a household's income that is consumed or spent.
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