Answer:
a. Total Income=$152,500
Marginal Tax rate = 17.3%
Explanation:
Total Income=Taxable Income+Additional Income = $92,000+$60,500=$152,500
Marginal Tax rate = 17.3%
Answer:
Critically reflect on 2 the serious issue of law and order being faced by Pakistani nation today and write a letter to the editor of an English newspaper and express your the serious issue of law and order being faced by Pakistani today and write a letter to the editor of an English newspaper and express your opinion as a responsible citizen to improve the situation. the serious issue of law and order being faced by Pakistani today and write a letter to the editor of an English newspaper and express your opinion as a responsible citizen to improve the situation.
Explanation:
Changes in commodity prices
The term that describes the situation where <em>fixed and variable </em><em>expenses</em><em> are higher than</em> net income is <em>D. dissaving.</em>
Dissaving happens when an individual is spending from either previous savings or borrowing to fund current expenses.
Dissaving is commoner with retirees than those currently employed. But it can also happen to currently-employed persons, whose expenses are more than their incomes. They should find strategies to stop the negative saving. Otherwise, their debts may be overbearing in future.
Thus, dissaving means negative saving or <em>spending more than income.</em>
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