A person's wealth is the same as his income. True False

Q: Which factor affects health? Income Education Medical care All of the above

A: Health refers to the absence of mental and physical illness.

Q: Does income reflect wealth?

A: Income is money earned by a person or a business in exchange for labour, the provision of a product…

Q: Which are the Decision Rule for Simple Investments?

A: Answer - Simple Investment - Investment which an individual do into there day to day life like…

Q: Manipulate the graph to show what will happen to supply and demand in the market for loanable funds…

A: Loanable funds are defined as the theory for determining the rate of interest in the market. The…

Q: What is an interest rate future? How can they be used to reduce interest rate risk by a borrower?

A: An interest rate future is a financial derivative that permits openness to changes in interest…

Q: Differentiate the following investments by determining its advantage or disadvantage Money market…

A: Money market: The money market can be defined as a market that is being used for trading short-term…

Q: Identify some reasons why household incomes differ. Which factors are the most important?

A: There are various factors that affect the income of households such as:

Q: What can be considered a benefit? Choose all that apply. A. salary B. wage C. pension D. health…

A: Benefit means the advantage received by an individual. An individual can receive a benefit in…

Q: How does Social Security work? How are contributions made? Where are they stored? How are benefits…

A: Social security  Social security refers to the Aids and benefits provided by the government. The…

Q: 5. Choose the item that represents an expense. A. Wages from a part-time job B. Loan payment Dir…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: Most societies are driven to make a profit. What is profit?         Profit is the…

A: The objective of the question is to define the term 'profit' in the context of economics.

Q: What happens to fixed income when per capita incomes increases

A: The measure that depicts total income being earned in an economy by the total population of the…

Q: A __________ is a set of statements with identifiable components that helps scientists explain how…

A: A theory of family functioning is an essential tool in the field of family science that helps…

Q: T, F. Economic Value Added is a measure of the bondholders’  wealth created by an investment center.

A: Economic Value Added is a measure of the bondholders’  wealth created by an investment center. It is…

Q: A law is passed requiring owners of real property in Thailand to pay real property tax in the…

A: A law is passed requiring owners of real property in Thailand to pay real property tax in the…

Q: What are the Dividends and Retained Earnings?

A: Total Revenue: Total revenue exhibits to the money that is received by selling the commodities. It…

Q: What’s equity

A: Financial instruments are the assets that can be traded. These instruments represents the monetary…

Q: Distinguish between Simple investments and Nonsimple Investments?

A: The investments are an important factor for the growth of the economy which cannot grow without the…

Q: What do you mean by capital recovery factor?

A: Capital recovery factor can be explained as the ratio of constant annuity and the annuity's value…

Q: What s the difference between wealth and income?

A: Economics is the study of the household management which provides services required by the business…

Q: What is inflation and its causes?

A:

Q: A British government perpetuity pays £4 a year forever and is selling for £48. What is the interest…

A: An infinite stream of income is carried by a fixed income security known as a perpetuity. A…

Q: The presence of a sinking fund.

A: A sinking fund is a set of funds set aside or borrowed to pay off a debt or other obligation. A…

Q: Unemployment as measured includes the total number of people who would like to have a job but have…

A: Definition of unemployment When a person is able and wants to work but is unable to obtain a job,…

Q: Why do we use the present value of an asset or investment as basis for its value?

A: Present Value:- Amounts of money presently are valued higher than the same quantity in the future,…

Q: What is the advantage of capital gains treatment of income compared to expensing?

A: Capital Gains Income: One of the most sought-after investments is a residential property. The major…

Q: How is a firm's net income important?

A: Net income is earned by the company or individual after deducting expenses and taxes. It is also…

Q: Not counting Social Security, should the government force people to save money in personal accounts…

A: The government should definitely promote savings in the economy, just as much as the ideal amount.…

Q: What are the factors used to measure economic well being?

A: The economics is derived from the GREEK word OKIONOMIA meaning management of household. It give the…

Q: Where do most people's largest portion of their personal income comes from?

A: People provide their services to the private, public and other sectors and receive benefits in terms…

Q: Identify each person with the appropriate classification Heather just finished college, is not…

A: The labor force refers to the pool of individuals who are willing to work. In the context of labor…

Q: Classify different types of investments?

A: Investments are classified into three types of investment which are equity investment, debt…

Q: What is the meaning of Net Present Worth?

A: The net present worth also known as the net present value calculated the difference between the…