Disposable income Study guides, Class notes & Summaries

UNIQUE NUMBER: PREVIEW OF QUESTION 1 1. 1 Reference: Prescribed book PG 361 The inverse relationship between the price level and the quantity of aggregate output demanded by households, firms, the government, and the rest of the world 1. 1 Reference: Prescribed book PG 361 The inverse relationship between the price level and the quantity of aggregate output demanded by households, firms, the government, and the rest of the world 2. 1 Reference: Prescribed book PG 362 If a fall...

PECT module 2 questions and answers 100% pass Which is most likely to interrupt a student's reading fluency? is too much to read in one sitting b. student doesn't understand 15% of vowels c. students doesn't know sight words of phonetic sounds d. none of the above Student doesn't know sight words or phonetic sounds You ask a student to look at a book without words and orally tell a story just by looking at the pictures. What ability are you assessing? a. concept of print b. story st...

ECS2602 Macroeconomics EXAM STUDY PACK WITH Q & A 2022. Question 1 Which of the following statements is/are correct? a) In this module we only study the demand side of the economy which includes the goods market and the financial market. The labour market form part of the supply side analysis and are therefore excluded from this module. b) The two most important accounts of the balance of payments are the current account and the financial account. c) If total output decreases with 2% duri...

ECS2602 EXAM STUDY PACK 2022. ECS2602 - Macroeconomics In the goods market model a decrease in taxes will result in … a) an increase in autonomous consumption. b) an increase in disposable income. c) an increase in income. d) a decrease in induced consumption. 1) a, b and c 2) a, b and d 3) b, c and d 4) a, c and d 5) None of the options 1 to 4 (correct option is 5.) Explanation A decrease in taxes increases disposable income and consequently induced consumption spending increases...

foreign environment - ANSWER-All the uncontrollable forces originating outside the home country that surround and influence the firm international environment - ANSWER-Interaction between domestic and foreign environmental forces or between sets of foreign environmental forces gross domestic product (GDP) - ANSWER-the total monetary value of all goods and services produced within a nation gross national income (GNI) - ANSWER-The total value of all income generated by the residents of a ...

6 Stages of Financial Planning CORRECT ANSWER 1. Establish client planner relationship. 2. Gather data and objectives. 3. Analyze and Evaluate financial status. 4. Develop plan and present recommendations. 5. Implement. 6. Monitor. Disposable Income (DI) CORRECT ANSWER PI - personal taxes GDP does not measure CORRECT ANSWER Utility/usefulness Per capital output What is produced or how it is allocated Quality of output Nonpaid productive output (like people mowing their ow...

ECON0002 TERM 1 ACTUAL EXAM BANK / 250+ QUESTIONS AND VERIFIED SOLUTIONS 2024/2025 GRADED A+. 2 / 14 1. What is the 90/10 ratio?: average income of the richest 10% divided by theaverage income of the poorest 90% 2. What does disposable income not measure?: quality of social and physicalenvironment, amount of free time, goods and services you can't buy, goods andservices that are produced within the household 3. How to calculate nominal gdp?: sum of (price of good i x quantity of good ...

People in the poorest nations normally spend (on average) more than 20% of their disposable income on food. (Lec. 4) - True Joel Salatin's said his goal in managing his operation is to ____. (Fresh the movie, 2009) - "marry" some new technologies with knowledge and experience Traditional agroecosystems make extensive use of locally available and renewable resources. - True In Fresh (2009), Michael Pollan (author of Omnivore's Dilemma and In Defense of Food) makes exaggerated, false, or...

Economic Activity Unemployment - anyone willing and able to work but cannot find a job (15yrs +) Economic growth - Satisfying needs + wants of citizens Inflation - Increased level of prices in an economy Discretionary Spending Voluntary spending. Increased disposable income = increased disc. spending vice versa Increased disp. income = Increased purchasing power

Toursim requires people with what? correct answers 1. ability- $ and time 2. mobility- transport 3. motivation- desire and determination to travel What is pre-industrial historical development? correct answers travel was traded, festivals, curiosity What are the 3 major civilizations that dominated in pre-industrial? correct answers 1. egyption influence- large cities, central gov't influence- language spread, developed currency exchange 3. roman influence- developed road and water w...