0
What else can I help you with?
Relationship between increases and decreases in employment consumer spending and money supply?
Typically, a decrease in employment rates leads to fewer disposable income, and less spending. When the employment rates are high, consumers tend to spend more.
Do I have to report 1099 income that is less than 600?
Yes, you are still required to report 1099 income on your tax return, even if it is less than 600.
How much of congress backs credit card relief?
The congress backs credit card relief by changing it so that a person can limit the cap on their credit card. This allows for more or less spending and less fees for over spending.
Can a debt consolidation loan be taxed as income?
No. Loans are never income. You are worth no more, and no less, before or after a loan. Your liabilities went up by the same amount as an asset...generally cash).(In fact, perhaps you need to really understand that...borrowing or debt is NEVER income...do not treat it as such).Improved:However, if any of your creditors are settling with you / forgiving a part of your debt as part of the process, the amount that is forgiven CAN be reported as imputed income and taxed.
What is the average annual income in Raleigh NC?
The average income is around 45,470 thousand dollars a year. This has fallen in recent years to become less than the average US income.
Which of the following actions does not promote capital deepening?
saving less and spending more of one's disposable income
Why the government spending multiplier is different form the tax multiplier?
The government spending multiplier is different form the tax multiplier from the top of my head is because the government spending total effect ripples off. That is if government spending increase then the total income increases. When total income increase, consumption increases, when consumption increases total income increases further (as consumption is a factor of total income), and this pattern is carried forward. This is the the multiplier effect, such that an increase in government spending's final impact on income is much bigger than its initial increase. The tax multiplier on the other hand, has a much smaller effect than government spending. This is because tax is only a portion of the consumer income. That is, if there is a tax cut, consumers only save a fractional amount (specifically 1-MPC) of a tax cut. As a result of the smaller boost in spending form ma tax cut, the ripples/multiplier effect of a tax cut is much less than an increase in government spending.
What happens when households have less income?
When households have less income, they typically cut back on discretionary spending, prioritizing essential needs such as food, housing, and healthcare. This reduction in spending can lead to decreased demand for goods and services, which may negatively impact local businesses and the overall economy. Additionally, lower income can increase financial stress and limit access to opportunities such as education or savings, potentially perpetuating cycles of poverty.
What does not promote capital deepening?
saving less and spending more of one's disposable income
disadvantage of increase fuel price?
Increasing fuel prices can have several disadvantages, including: Increased cost of living: When fuel prices increase, it affects the cost of transportation, which can lead to an increase in the cost of goods and services. This can lead to a higher cost of living for consumers. Inflation: Fuel is used in many industries, including manufacturing and transportation, and an increase in fuel prices can lead to an increase in the cost of production. This can lead to inflation, which can have a negative impact on the economy. Reduced consumer spending: When fuel prices increase, consumers may have less disposable income, which can lead to reduced spending on other goods and services. This can have a negative impact on businesses that rely on consumer spending. Impact on low-income households: Higher fuel prices can have a disproportionate impact on low-income households, as they tend to spend a higher percentage of their income on fuel and transportation
How do you increase the national income of a country?
More exports less inports
How do you increase national income of the country?
More exports less inports
What effects does unemployment have on the south African economy?
the higher unemployent is the low income for who those have no job,less income creat less spending in economy,less spending cause the low production and low profitableat the firm,the low profrit can make firm do shut down then they craeted more unemployement agian
Benefit of Spending Less?
Benefit of Spending Less Reducing your spending can be worth more than you might think. Use this calculator to see just how much your budget reductions may be worth, if you were to invest them. View the value of this new potential nest egg both with and without taxes factored in.
When people buy less of a certain good as their income increase this is good considered?
inferior
What if your income is all of the money you spend true or false?
False. Your income refers to the total amount of money you earn, while your spending includes all expenses you incur. It's possible to spend more or less than your income, which affects your financial situation. Ideally, managing your spending within your income helps maintain financial stability.
What does inflation mean to a pensioner?
It means bad news. A pensioner gets an income which is fixed, but the money buys less when inflated, so it translates as less spending power.
