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What else can I help you with?
Which is an example of circular flow from a business to a household?
An individual receives an income.
Why GDP equals aggregate expenditure and aggregate income?
GDP would be the amount of gross income a person or company receives. This would be the amount of income minus the amount of expenditure on things like bills.
Define and give an example of the income effect?
The income effect is the change in an individuals or economy's income and how that change will impact the quantity demanded. For example, after a raise, John Doe would desire more products, because he has greater disposable income.
Which is not an example of macroeconomics?
cutting state income taxes
What are the effects of tax on in com distribution?
There are two types of tax that is related to income equality: Regressive tax: The tax as a percentage of your income decrease as your income rises. Example includes VAT (Value Added Tax) where the burden of the tax falls more heavily onb the poor than to the rich. Therefore it increases the income inequality. Progressive tax: The tax as a percentage of your income increases as your income rises. Example includes income tax where as your income rises, the tax percentage increases. Therefore, it creates more income equality.
Which is an example of circular flow from a business to a household?
An individual receives an income.
How can someone rent assets without having any income?
Someone can rent assets without having any income by providing a security deposit, having a co-signer with income, or showing proof of savings or assets that can cover the rental costs.
What is an example of someone earning income?
Lisa's neighbors pay her to babysit their children.
What is the national average income for someone without a degree?
As much as someone with a degree, in more cases than not.
Who has to file income taxes in Illinois?
Anyone with any income, or even without an income can file. You are required to file Federal taxes if you made more than $1,800. Illinois requires anyone that earns or receives income in the state to file state taxes.
Who receives income from a corporation?
Employees and stockholders.
How can i get secured Loan without verifiable income?
To get a secured loan without verifiable income, someone can provide a peace of land or a car as a security for the loan. When someone defaults, the bank can simply net off the balance from the security.
What is a companys total revenue?
This is what it says in my Economics book; "A company's maximum revenue is defined as the amount of money the company receives by selling its goods." Revenue is any type of income that is coming into the company for example Investment income That's the best answer i could find ^_^
The poorest 20 percent of the global population receives about what percentage of all global income?
The poorest 20 percent of the global population receives about what percentage of all global income?
Who are under the federal income tax withholding law?
Every one that has income from sources that are required to withhold taxes from the income that the taxpayer receives.
What is accrued income?
An accrued income can be simply defined as an income that have been accumulated for a specific period of time without been paid. For example employee wages that was delayed either by omission or by an error.
What is a total revenue?
This is what it says in my Economics book; "A company's maximum revenue is defined as the amount of money the company receives by selling its goods." Revenue is any type of income that is coming into the company for example Investment income That's the best answer i could find ^_^
