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What is The additional income from selling one more unit of a good sometimes equal to price is?
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What is personal income equal to?
Personal income is equal to the money an individual makes in a year. Personal income is usually derived from jobs or investments.
Why an economy's income must be equal to its output?
Because output generates income.
Explain why an economy income must equal it's expenditure?
An economy's income must equal it's expenditure to keep its budget in balance. If the income is less, it results in debt which eventually has to be paid back.
When will the income elasticity of demand equal zero?
When an increase in income is not associated with a change in the demand of a good.
Why an economy's income must equal to it's expenditure?
For an economy as a whole, income must equal expenditure because:u Every transaction has a buyer and a seller.u Every dollar of spending by some buyer is a dollar of income for some seller.
Does gross profit minus expenses equal net income?
Yes, gross profit minus expenses equal to net income as proved by following: Sales xxxx less: Cost of sales xxxx Gross profit xxxx Less: Admin & Selling expenses xxxx Other expenses xxxx Net Income xxxx
What is balanced budget?
A budget for which expenditures are equal to income. Sometimes a budget for which expenditures are less than income is also considered balanced. The concept is often discussed in reference to the federal government.
Net income is equal to your gross income plus taxes?
That would do it for me, but unfortunately for me my net income is equal to my gross income minus taxes.
What is personal income equal to?
Personal income is equal to the money an individual makes in a year. Personal income is usually derived from jobs or investments.
Is net earnings equal to net income?
I believe so. Net Income is equal to the income that a firm has after subtracting costs and expenses from the total revenue.
Does net income for the period equal retained earnings for the same period?
If company has the policy to not distribute profit as a dividend then retained earnings will be equal to net income otherwise dividend and retained earnings will be equal to net income.
Why an economy's income must be equal to its output?
Because output generates income.
What is the longest Roman numeral under two thousand?
1888 is equal to MDCCCLXXXVIII in its additional notation. But 1999 is equal to MDCCCCLXXXXVIIII in its additional notation.
If a is equal to b then is not a equal to not b?
the Answer is Sometimes
What is the top selling sweetener?
It is either Splenda or Equal.
Explain why an economy income must equal it's expenditure?
An economy's income must equal it's expenditure to keep its budget in balance. If the income is less, it results in debt which eventually has to be paid back.
When will the income elasticity of demand equal zero?
When an increase in income is not associated with a change in the demand of a good.
