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It is known that 40% Americans eat European foods. This goes the same way with Europeans.
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Victor Malaba has a net income of 1240 per month If he spends 150 on food 244 on a car payment 300 on rent and 50 on savings what percent of his net income can he spend on other things?
40 percent
Victor Malaba has a net income of 1240 per month. If he spends 150 on food 244 on car payment 300 on rent and 50 on savings what percent of his net income can he spend on other things?
40 percent
If you spend 20 percent monthly on food 23 percent on rent and 42 percent on other expenses and save 360 per month what is the monthly income?
You spend 20 + 23 + 42 = 85 % You save 100-85 = 15% which is 360 So the monthly income = 100% = 100*360/15 = 2400
What percent of monthly income should go toward food?
It will vary depending on income. People earning a small amount will probably want to spend as little on food as possible, but it may still be a fairly large percentage in comparison to a very affluent person buying expensive foods.
Victor malaba has a net income of 1240 per month if he spends 150 on food 244 on a car payment300 on rent and 50 on savings what percent of his net income can be spend on other things?
40%
discribe Engel's law of consumption?
playwrights
What is engels law of consumption?
Engel's Law of Consumption states that as income increases, the proportion of income spent on food and other necessities decreases, while the proportion spent on luxury goods and services increases. This law suggests that as people's income rises, their spending priorities shift from basic necessities to more discretionary items.
Victor has a net income of 1240 per month if he spends 150 on food 244 on a car payment 300 on rent and 50 on savings what of his net income can he spend on other things?
1240 -(150+244+300 =699) 545that is wrong this is right 1240 -(150+244+300+50)=744 what is the percent net income spend on other things a...300 b64... c.43.....d40... percent is d is 40 percent
What is the percentage of income spent on household expenses?
Most people spend around 60% of their income in household expenses. The expenses include things such as mortgage, utilities and food items.
Sales taxes are given this classification because high income people pay a smaller percentage of their income on goods and services subject to the sales tax?
As described above, this type of tax is called a "regressive tax". While the above may be a text book answer...challenge your teacher...by challenging the basic premise of the question: Do high income people really pay less of a percent of income on sales taxable things? I think not! In many places, sales tax is NOT applied to food and housing and other essentials (or is applied at a lower rate). Lower income families spend virtually ALL their income on this. They pay virtually no sales tax. Those with higher incomes will buy a large amount, both dollar and percent wise, of their income on discretionary or luxury things - cars, boats, jewelry, entertainment, meals (which are taxed, food is not), etc. In today's lifestyle, we have seen they frequently spend more on these things than they actually should and even more than they make...many wealthy people are substantially in debt!
A family spends 20 percent of its monthly income on food 23 percent on rent and 42 percent on other expenses and saves the balance if the family saves 360 per month what is its monthly income?
2400
What do Brazilians spend their money on?
The vast majority of Brazilians do not have as much disposable income as people in the developed world, so I guess the main expenditure would be on food, clean water, and shelter.
