90000$:100%=x$:80%, x*100=90000*80, x=72000$
The Martin family spends 80% of annual income which is 72000$ and their autonomous consumption spending is 10000$.
So Martin's family annual consumer spending is 72000$+10000$=82000$.
Answer:
Increase; fall
Explanation:
Due to the slightly above normal rainfall levels which led to a large black morel harvest, <em>the supply of the commodity will increase</em>.
However, since demand for the commodity is expected to remain the same as it was in 2007 despite the increase in supply, <em>the equilibrium price is expected to fall</em> as supply exceeds demand.
Answer:
The earliest you can submit your FAFSA is January 1st of each year.
Explanation:
Answer:
it will need income for 121,363.12
Explanation:
We will adjust the 50,000 principal by inflation at 3% per year during 30 years:
Principal 50,000.00
time 30.00
rate 0.03000
Amount 121,363.12
An income for 121,363.12 per year in 30 years will have the same purchasing power as 50,000 dollars today.