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Honestly, it all depends on the individual. An income should first and foremost cover your most immediate needs. A good income will cover those needs and provide for the ability to save and purchase items above what is needed for survival (wants). Above all a good income should allow a person what they need to be safe and provide for those that depend on them. A good income is not directly correlated to happiness so a person's focus should be on more than just a higher pay.
What else can I help you with?
A sentence for income?
a good sentence for income is what does income mean
If a good is a normal good what will happen to its consumption as income increases?
The definition of a Normal Good is: a good that will increase in consumption as income increases and decrease in consumption as income decreases.
Why the national income statistic cannot good for discussing the income of developing countries?
National income is not a good statistic for discussing the income of developing countries as it includes the income of richest and the poorest. It does not represent the equality of income.
Get a 4000 loan with poor credit but good income?
I have a good income but poor credit.
If a good is normal, then an increase in income will result in what kind of change in demand for the good?
If a good is normal, an increase in income will lead to an increase in demand for the good.
For which type of good is there an inverse relationship between the demand for the good and income?
For inferior goods, there is an inverse relationship between the demand for the good and income.
Is a good considered a normal good if its demand increases as consumer income rises?
Yes, a good is considered a normal good if its demand increases as consumer income rises.
Why income tax schedules are good or bad?
They are good because without them you couldn't figure out how much income tax you owe.
Is 40000 a year a good income when living in California?
Not without a second income!
If a is an inferior good and consumer income risesthe demand for a will?
Inferior goodA good for which an INCREASE(decrease) in consumer income will lead to a DECREASE(increase) in demand for that good.Normal GoodA good for which an INCREASE(decrease) in consumer income will lead to a INCREASE(decrease) in demand for that good.
Is 100000 a good income?
yes
Is sale of good income?
yes
