How do i get my yearly income decma value of $999
a family's decision about how much income to save microeconomics or macroeconomics?
cutting state income taxes
change of income that is spent
true
To calculate real income, you can use the formula: Real Income = (Nominal Income / CPI) × 100. Given a nominal income of 37,000 and a CPI of 220, the calculation would be: Real Income = (37,000 / 220) × 100, which equals approximately 16,818.18. Thus, the real income is about 16,818.
a family's decision about how much income to save microeconomics or macroeconomics?
cutting state income taxes
cutting state income taxes
change of income that is spent
true
Macroeconomics is concerned about overall performance of the economy.Deals with the economic behaviour of aggregates national income, output, overall price and unemployment.
macroeconics equillibrium agregate supply and demand -2p+85 3p+25
Macroeconomics
macroeconomics sux balls
The IS curve represents combinations of the real interest rate and GDP growth in an economy. It is all the combinations of points where the economy's income = total production.
The IS curve represents combinations of the real interest rate and GDP growth in an economy. It is all the combinations of points where the economy's income = total production.
The comparison of macroeconomics and macroeconomics is that, it looks at the economy as a whole by considering the aggregates such as; GDP, depression, international trade and un employment problem among others. Macroeconomics differs from Microeconomics in that it looks at the economy as a whole while micro considers a single unit of the economy. for example, household income, business firm and other sectors like agriculture.