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Why should the distribution of income be left up to the market?
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True or false The distribution of income should be left to the market is an example of a positive economic statemente?
True
The amount of money a person has left of his or her income after taxes is called?
disposable personal income
What kinds of products are purchased with discretionary income?
Discretionary income is mone income a person has left to spend on extras after necessities have been bought so any left over income can be saved or spent on extras such as luxury items or entertainment.
How is discretionary income calculated?
Discretionary income is calculated by taking your gross income minus your expenses and what you are left with is discretionary income. Most Americans do not have a large amount of discretionary income.
What is to the left of baltic ave In monopoly?
Income Tax
True or false The distribution of income should be left to the market is an example of a positive economic statemente?
True
The histogram of a sample should have a distribution shape that is skewed. Is this true or false?
False. It can be skewed to the left or right or be symmetrical.
Your deceased husband left you a 401K which you converted to IRA ten years ago In 2007 you cashed it in How do you report on taxes?
You will receive a 1099-R from the trustee showing the distribution and any taxes withheld. You will report it as pension income on your 1040, and will owe income tax on the entire amount. If the distribution is deemed premature, you will also pay a 10% penalty tax.
What percent falls below the mean for normal distribution?
In a normal distribution half (50%) of the distribution falls below (to the left of) the mean.
If a great many data values cluster to the left of a data distribution which then tails off to the right the distribution is referred to as?
It is a positively skewed distribution.
What is skewed left?
A distribution or set of observations is said to be skewed left or negatively skewed if it has a longer "tail" of numbers on the left. The mass of the distribution is more towards the right of the figure rather than the middle.
Where is all the majority of the data when the distribution is skwed right?
on the left and when it is skewed left it is on the right
Where is the market in dragon island?
keep going left until the market stops the market is very big so you will need to go left for a while !
What is left after all the expenses of running a businesss are deducted from the income?
Profit and wealth is left after all the expenses of running a business are deducted from the income.
What is the amount of money a person has left of his or her income after taxes called?
disposable personal income
The amount of money a person has left of his or her income after taxes is called?
disposable personal income
Income which is left after all taxes and other deductions have been subtracted out is?
net income
