Answer:
The answer is Total itemized deduction with IRA is 5600$ and without IRA 5400$. Increase in Deductions is 200$.
Explanations:
Charitable contribution = 1000$
Medical expenses = 2100$
Casualty losses = 2500$
Total item resized under IRA = 5600 $.
AND,
Itemized deduction with IRA = 5600$
Item deduction without IRA = 5400$
Increase in deductions = 200.
Answer:
Fall.
Explanation:
Since government spending is one of the components of aggregate demand, an increase in government spending will shift the demand curve to the right. A reduction in taxes will leave more disposable income and cause consumption and savings to increase, also shifting the aggregate demand curve to the right.
Answer:
They should take a student loan it less risky cause you will need to pay way more money if you do a credit card but a student loan they make a price and keep it that way till you pay them
Answer:
True
Explanation:
That is true for any product but luxury products.
<u>Explanation:</u>
Note, the term diminishing marginal utility refers to an economic principle that states that the more unit of a particular commodity or service we consume, the more the satisfaction (utility) derived out of the consumption reduces or diminishes.
For instance, if I watched movies produced by a particular entertainment company for several days (eg Disney Studios), I may become dissatisfied using this particular entertainment provider and may decide to try another service (Netflix).
Another instance could occur after exercising, I'm given 3 bottles of coke, after taking my first bottle, the amount of utility I derive would reduce until I get to the third bottle, at this point I've reached my peak.
The law of diminishing marginal utility failed for someone I know who had used the same type of toothpaste and brushed her teeth at least once a day for a period of over 10 years.