All categories

3 years ago

An income level below that which is needed to support families or households

1 answer:

7 0

It is called Poverty threshold. The poverty thresholds are the first form of the government neediness measure. They are refreshed every year by the Census Bureau. The limits are utilized fundamentally for measurable purposes — for example, getting ready evaluations of the quantity of Americans in destitution every year.

You might be interested in

Since there is no presidential election this year what happens?<br> Best answer Brainliest

Zina [86]

Answer:

uhh The president will stay the same

Explanation:

I'm smart :)

6 0

2 years ago

Read 2 more answers

Credit rationing refers to A.the increase in the interest rate that occurs when the supply of credit increases. B.a restriction

sashaice [31]

Answer:

The answer to this question is B.a restriction in the availability of credit.

Explanation:

Credit restriction occurs when at the prevailing market interest rate, demand exceeds supply, but lenders are not willing to either loan more funds, or raise the interest rate charged, as they are already maximizing profits.

Hence the answer to this question is B.a restriction in the availability of credit.

8 0

2 years ago

You are offered two jobs, one in Chicago paying $67,000 and one in Dallas paying $58,000. The price index in Chicago is 110.8, a

Sergeu [11.5K]

Answer:

you definitely take the job in Dallas because the real wage is higher there.

Explanation:

given data

Chicago paying = $67,000

Dallas paying = $58,000

price index in Chicago = 110.8

price index in Dallas = 91.5

solution

we get here Real wage in Chicago that is

Real wage in Chicago = 67000 × $\frac{100}{110.8}$

Real wage in Chicago = $60469

and

Real wage in Dallas is

Real wage in Dallas = 58000 × $\frac{100}{91.5}$

Real wage in Dallas = $63388

so you definitely take the job in Dallas because the real wage is higher there.

6 0

3 years ago

Ms. Jorgen recently moved from Boston to Pittsburgh to take a job with OP Inc. She sold her home in Boston and OP paid the $14,5

drek231 [11]

Answer:

Ms. Jorgen will report only the Taxable gain and losses from the purchase and will not report the commission paid for by OP Inc

Explanation:

Gross Income Definition is total amount( the amount is $14500), in cash(the $14500 is cash) or otherwise ( asset value), Accrued to, received by or in favor of ( the amount of $14500 is in paid in favor of her) and must not be of a capital nature ( the commission is of a capital nature. Therefore it will not be reported as income.

5 0

3 years ago

On January 1, 2020, Morgan Enterprises issued 8%, 20-year bonds with a face amount of $5,000,000 at 101. Interest is payable ann

adell [148]

Explanation:

The journal entries are shown below:

1. Cash A/c Dr $ 5,050,000

To Bonds payable A/c $5,000,000

To Premium on Bonds payable A/c $50,000

(Being bond is issued)

2. Interest Expense A/c Dr $3,97,500

Premium on bonds payable A/c $2,500 ($50,000 ÷ 20)

To Interest payable A/c $400,000 ($5,000,000 × 8%)

(Being the interest expense is recorded)

7 0

3 years ago