Whenever a business lays off workers, the former make more money.
Let's say you run a tea production company and your production costs, which includes paying your workers, are higher than your earnings. As a consequence, you can not afford paying your employees and, inevitably, you have to fire them so that you have more money to keep running your company.
Answer:
command economy. here's the definition of command economy:
"A command economy is an economic system where the government has control over the production and pricing of goods and services."
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Answer:
Disposable income is the money that is available to invest, save, or spend on necessities and nonessential items after deducting income taxes.
Discretionary income is what a household or individual has to invest, save, or spend after necessities are paid.
Examples of necessities include the cost of housing, food, clothing, utilities, and transportation.
The U.S. Department of Education uses your discretionary income to calculate payments for income-based repayment plans.
Explanation: