Answer:
Yes
Explanation:
Cause an increase in price causes increase in goods produced
Answer:
$7,000 per year
Explanation:
Since Dori is over 50 years old, she can contribute up to $7,000 per year to her IRA or Roth IRA account. If she was a little younger, less than 50 years old, her maximum contribution would have been $6,000 per year.
The IRS sets the maximum contribution limits that anyone can contribute to an IRA account, and that limit was set for 2019 and continues to be valid.
Answer:
The answer is: Don's weekly salary is $460 and his sales' commission is 5%
Explanation:
We have to solve the following two equations:
Don's salary week 1 = b + $3,000c =$610
Don's salary week 2 = b + $4,000c =$660
Where:
- b = Don's base weekly salary
- c = sales' commission
Step 1:
b + $4,000c =$660
<u>-(b + $3,000c =$610)</u>
$1,000c = $50
Step 2:
c = $50 / $1,000 = 0.05 = 5%
Step 3:
b + ($3,000 x 5%) = $610
b + $150 = $610
Step 4.
b = $610 -$150 = $460
The IMF requires Argentina to reduce government spending by cutting salaries to government workers and reducing pension payments. This is an example of Austerity.
- In order to control the rising public debt, a government may enact strict economic policies known as austerity, which are characterized by increased frugal living.
- There are three main categories of austerity measures: raising taxes to finance spending, raising taxes while eliminating non-essential government services, and lowering taxes while reducing spending.
- Austerity is divisive, and the effects on a country's overall well-being can be worse than they would have been otherwise.
- During periods of economic uncertainty, austerity measures were implemented in the United States, Spain, and Greece.
- Governments experience financial instability when their debt exceeds their income, leading to significant budget deficits. Government spending increases typically result in higher debt levels.
Learn more about Austerity, here
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