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attashe74 [19]
3 years ago
10

Federal programs like student loan programs and Social Security are paid for using the revenue generated by taxation.

Business
2 answers:
aleksley [76]3 years ago
8 0
The correct answer is true
Artist 52 [7]3 years ago
5 0
Bare with me here. I may be wrong but I hinkle it's true
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Hotel clerks, amusement park workers, and travel agents all work in careers found in the _____ career cluster.
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Hotel clerks, amusement park workers, and travel agents all work in careers found in the PUBLIC career cluster
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Brandon owes his brother $120. he has a stamp collection worth $1,250 and he has $300 in a bank account. he also has a skateboar
erastovalidia [21]

the correct answer would be d. the stamp collection, the bank account, and the skateboard.

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3 years ago
Last year, Joan bought 50 pounds of hamburger when her household’s income was $40,000. This year, her household income was only
Norma-Jean [14]

Answer:

a. positive, so Joan considers hamburger to be an inferior good.

Explanation:

Income elasticity is a microeconomic concept that aims to measure the sensitivity of demand in the face of income changes. To calculate the Income elasticity , a formula is used that divides the observed percentage change in quantity (Q) by the percentage change in price income (P): Elasticity = ▲ Q / ▲ P

The percentage change in quantity (▲ Q) and the percentage change in price (▲ P) are calculated by the difference in quantity / price in the two periods divided by the quantity / price of the first period.

▲ Q = (60 -50/60) = 0,16

▲ Q = (40.000 - 30.000/40.000) = 0,25

Elasticity = ▲ Q / ▲ P  = 0,16/0,25 = 0,64

Therefore, the elasticity is positive.

This good is considered inferior, because according to microeconomic theory, inferior goods are those whose demand increases when consumer income decreases. This is the opposite of the normal good, which has its demand increased when income increases.

8 0
3 years ago
Which of the following is a form of direct intense and detailed training?
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job delegation is a form of direct intense and detailed training

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Alenkinab [10]

Diversification is important in investing because "It helps you to balance your risk across different types of investments".

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