why is real gdp a more accurate measure of an economy's production than nominal gdp? real gdp is not influenced by price changes, but nominal gdp is. real gdp includes the value of exports, but nominal gdp does not. real gdp does not include the value of intermediate goods and services, but nominal gdp does.

Answers

Answer 1

Due to inflation (i.e. price changes), its value increases over time whether or not the quantity produced for goods and services doesn't increase.

On the other hand, the important GDP is ascertained by adjusting the nominal GDP for inflation. GDP is significant because it gives information about the scale of the economy and therefore the way an economy is performing.

Nominal GDP differs from real GDP during this it doesn't account for the results of inflation or deflation. As a result, nominal GDP could inaccurately report true growth compared year to year. The U.S.

GDP is significant because it gives information about the scale of the economy and therefore the way an economy is performing.

learn more about GDP: https://brainly.com/question/13511171

#SPJ4


Related Questions

sales recorded in a cash register would be an example of a(n) activity in an information system.

Answers

A(n) activity in an input information system would be something like sales that are logged in a register.

What do the terms "information system" and "output" mean?

The communication between an information processing system, such as a computer, and the outside world, which may include a human or another information processing system, is known as input and output, or I/O. The system's inputs are the signals or data it receives, and its outputs are the signals or data it sends.

What kind of input would you use in a system?

Whatever you introduce into a system is an input. For instance, the circulatory system needs oxygen from breathing and energy from meals to function. The inputs are those. Electricity and input from your keyboard and mouse are needed for a computer system.

To know more about input information system

https://brainly.com/question/12130525

#SPJ4

Jay found a job with an annual salary of $48.7k what is his monthly pay, rounded to the nearest dollar

Answers

Answer:

$4058

Explanation:

$48700 in 12 months (annually)

48700/12=4058.33

4058.33 rounded = 4058

Therefore, Jay's monthly salary is $4058.

to reduce traffic, market town enacts an ordinance that allows only a few specific street vendors to operate in certain areas. a court would likely review this ordinance under the principles of

Answers

To reduce traffic, market town enacts an ordinance that allows only a few specific street vendors to operate in certain areas. a court would likely review this ordinance under the principles of equal protection.

The bill of Rights is the primary ten amendments to the constitution that guard the rights and freedoms of Yankee residents. The bill of Rights became introduced to the constitution so that the anti-federalists could conform to ratify the constitution. bill of Rights. the first ten amendments or additions, to the constitution, give people critical rights including freedom of speech.

A law that limits the liberty of all folks may violate the noticeable due system. A law that restricts people of a certain countrywide starting place from doing something can be cautiously tested to make certain it promotes a compelling authorities hobby before it is allowed to stand. The invoice of rights serves to defend citizens from extra government electricity. the motive of The invoice of Rights It achieves this via ensuring there is the separation of powers between exceptional authorities branches, the judicial, government, and the legislative.

Learn more about Street vendors here:-https://brainly.in/question/2883146

#SPJ4

when a firm is experiencing decreasing marginal costs, it could be because​ a. ​the average costs are increasing b. ​the firm is going down its learning curve c. ​the firm’s marginal productivity is increasing d. ​both c and d

Answers

B as well as C. This is due to the fact that as a company's production and learning curve rise, the cost of the subsequent unit of output falls, making it advantageous for the company to produce more.

What is Marginal cost?

In managerial accounting, the idea of marginal cost is crucial because it may be used to maximise production through economies of scale within an organisation.By producing at the point where marginal cost (MC) equals marginal revenue, a business can optimise its earnings (MR).Because fixed costs are fixed regardless of output levels, larger production spreads the total fixed cost over more units, resulting in a lower fixed cost per unit.Producing more units will result in higher variable costs because variable costs are based on production levels. In economics, the marginal cost is the difference in total production costs caused by making or producing one extra unit. Divide the variation in production costs by the variation in quantity to determine marginal cost .

To know more about Marginal cost visit:

https://brainly.com/question/1264758

#SPJ4

chris has just graduated from high school. he hopes to complete a carpenter's apprenticeship and eventually open his own business. what has chris developed?

Answers

Chris has just graduated from high school. he hopes to complete a carpenter's apprenticeship and eventually open his own business. chris has developed a Goal.

What is business?

Business is the process of earning a livelihood or accumulating money via the production of commodities or the purchase and sale of products. Also covered is "any activity or enterprise undertaken for profit." Businesses initially assist society by distributing commodities and services that are necessary for survival. Additionally, they produce jobs that enable members of society to make a living and meet their basic requirements.

Therefore,

chris has just graduated from high school. he hopes to complete a carpenter's apprenticeship and eventually open his own business. chris has developed a Goal.

To learn more about business from the given link:

https://brainly.com/question/18307610

#SPJ4

the domestic environment is composed of all the uncontrollable forces originatin in the that surround and influence the life and development of the firm

Answers

The problem is a true Statement. As domestic environment is composed of all the uncontrollable forces originatin.

What is Domestic environment?

The domestic business environment includes the nation's economy, political system, commercial policies, infrastructure, laws, and rules as well as its culture, traditions, and religious beliefs. Domestic trade is important because it facilitates the exchange of goods within a country.

Therefore,

The domestic environment is composed of all the uncontrollable forces originatin in the that surround and influence the life and development of the firm

The problem is a true Statement. As domestic environment is composed of all the uncontrollable forces originatin.

To learn more about Domestic environment from the given link:

https://brainly.com/question/13221182

#SPJ4

identify the impact of each of the given transactions on the accounting equation: the company purchases supplies on credit

Answers

When a company purchases supplies on credit, the effect on the accounting equation is an increase in supplies and and increase in accounts payable.

What happens when supplies are purchased on credit?

When a supply is purchased, it will count as an asset. It will therefore increase the supplies account.

On the other hand, the supplies were bought on credit which means that the company the supplies was bought from is being owed. The result is that the accounts receivable account will increase in value to show the debt.

Find out more on buying supplies on credit at https://brainly.com/question/13073751.

#SPJ1

if a registered representative is suspended by finra's department of enforcement, his first appeal would be to

Answers

If a registered representative is suspended by FINRA's department of enforcement, his first appeal would be to the National Adjudicatory Council. Broker-dealer registration and regulation are handled by the Financial Industry Regulatory Authority (FINRA).

FINRA is not a representative of the government, despite the fact that it possesses regulatory authority. It is a non-profit organization and the biggest self-regulatory organization (SRO) for the U.S. securities market.

A membership-based organization known as an SRO develops and upholds regulations for representative in accordance with federal laws. Broker-dealers are subject to licensure and regulation by FINRA. The exams that securities professionals must pass in order to sell securities are administered by FINRA.

To learn more about FINRA, click here

https://brainly.com/question/23894504

#SPJ4

during the month of april, riley co. had cash receipts from customers of $780,000. expenses totaled $624,000, and accrual basis net income was $218,000. there were no gains or losses during the month. required: a. calculate the revenues for riley co. for april.

Answers

The revenues for riley co. for April is $842,000

What is revenues of the company?

The revenues of Riley co. for April is the amount of sales earnings recorded by Riley co. in the month of April which represent the amount of goods sold to customers regardless of whether or not payments have been received

The accrual basis net income is the sales revenue minus the expenses totaled $624,000

accrual basis net income=sales revenue-expenses

accrual basis net income=$218,000

sales revenue=unknown(assume it is x)

expenses=$624,000

$218,000=x-$624,000

x=$218,000+$624,000

x=revenues=$842,000

Find out more about accrual basis net income on:https://brainly.com/question/13462613

#SPJ1

chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in city of heflin bonds. (use the u.s. tax rate schedule.) required: if chuck earns an additional $40,000 of taxable income, what is his marginal tax rate on this income? what is his marginal rate if, instead, he had $40,000 of additional deductions? note: for all requirements, do not round intermediate calculations. round percentage answers to 2 decimal places.

Answers

The average tax rate is 19.83% and the marginal tax will be 27.36%.

How to calculate the tax?

Chuck's average tax will be:

= Total tax) Taxable income × 100

= 14875/75000 × 100

= 19.83%

It was stated that he's a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in city of heflin bonds as earns an additional $40,000 of taxable income.

Therefore, the marginal cost will be:

= (25817 - 14875)/(115000 - 75000)

= 10942/40000 × 100

= 27.36%

The marginal cost is 27.36%

Learn more about tax on:

brainly.com/question/25783927

#SPJ1

a municipal bond carries a coupon rate of 7.75% and is trading at par. required: what would be the equivalent taxable yield of this bond to a taxpayer in a 40% combined tax bracket? (round your answer to 2 decimal places.)

Answers

The equivalent taxable yield of this bond to a taxpayer in a 40% combined tax bracket is 12.92%

What is tax rate on the yield of a municipal bond?

A municipal bond investment is tax-free especially for  those residing in the  area where the bond is issued, in other words, an equivalent taxable yield of a bond to a taxpayer in 40% tax bracket needs to increase proportionately such that the after-tax yield remains  at 7.75%

equivalent taxable yield*(1-tax rate)=municipal bond yield

When the tax rate of 40% is deducted we would be left with 7.75%

equivalent taxable yield*(1-40%)=7.75%

equivalent taxable yield=7.75%/(1-40%)

equivalent taxable yield=7.75%/0.60

equivalent taxable yield=12.92%

Find out more about equivalent taxable yield on:https://brainly.com/question/15177095

#SPJ1

companies create strategy from the outside in by offering distinct and compelling customer value. this can be accomplished only by carefully studying customers and using deep market insights to

Answers

"The marketing reasoning by which the business unit aspires to attain its marketing objectives," according to Kotler et al., is the definition of marketing strategy.

What is business ?

An organization or enterprising entity engaging in commercial, industrial, or professional activity is referred to as a business. Businesses can be for-profit corporations or charitable institutions. Limited liability firms, sole proprietorships, corporations, and partnerships are among the several types of businesses.

A business purpose reveals the driving force behind a company's establishment. It describes the company's objectives as well as what makes it unique. A mission statement and a value statement are both much longer than a company purpose.

To learn more about business from the given link:

brainly.com/question/15826771

#SPJ4

price of gasoline rises by 10 percent, and the quantity demanded falls by 25 percent. what is the number and is it elastic or inelastic?

Answers

The price of gasoline rises by 10 percent, and the quantity demanded falls by 25 percent. the number and demand for this good are inelastic.

If the price of excellent increases by means of ten percent and the amount demanded decreases via the simplest five percent, that correct is said to have an inelastic call. the amount demanded does now not stretch much relative to the change in fee. gasoline is an incredibly inelastic product, which means adjustments in prices have little effect on demand.

Price elasticity measures the responsiveness of demand to modifications in price. nearly all price elasticities are poor an increase in price ends in a lower call for, and vice versa. The demand for a good is inelastic if the percentage lower in the quantity demanded is much less than the percentage growth in its price. In this example, a ten percent fee upward push brings a two percent lower in the amount demanded so the call is inelastic.

Learn more about Elastic or Inelastic here:-https://brainly.com/question/15033496

#SPJ4

according to sfac no. 2, "qualitative characteristics of accounting information", is "the quality of information that enables users to perceive its significance." (enter only one word per blank.)

Answers

According to sfac no. 2, "qualitative characteristics of accounting information", understandabilityis "the quality of information that enables users to perceive its significance."

Accounting is a time period that describes the procedure of consolidating financial facts to make it clean and comprehensible for all stakeholders and shareholders. The principle aim of accounting is to record and document a business enterprise's financial transactions, monetary performance, and coins flows.

Accounting, also called accountancy, is the dimension, processing, and verbal exchange of financial and nonmonetary information approximately monetary entities inclusive of groups and corporations.

The median annual wage for an accountant is well above the countrywide median common for occupations. The top-paying industries for accountants consist of finance and insurance, management of agencies and firms, tax coaching, and the government.

Learn more about accounting here https://brainly.com/question/26380452

#SPJ4

Who should you contact if you have trouble making payments when she leaves school.

Answers

The one you should contact if you have trouble making payments when he leaves school is the lender.

A loan (also known as “financing”) in its most general sense is the provision of money or property temporarily to another person with the expectation that the gift will be repaid. In the context of business and finance, loans include various types of commercial loans.

A lender is a company or financial institution that lends money, with the expectation that it will be repaid. Banks and credit unions are all potential lenders for small businesses. Lenders are paid interest on the loans they provide as borrowing costs. The higher the risk of not being repaid, the higher the interest rate charged to the debtor.

You can learn more about loan here

#SPJ4

What color scheme would make the MOST sense for a product designed to appeal to pre-adolescents?
O
red, white, and blue in broad squares
O
graduated pink tones
plaid checkmarks with green and red
O
deep purple hues with magenta lettering

Answers

Answer:

The second answer! this is also coming from a person in that particular stage! Hope this helps!

To complete the measurement process, companies need to update balances of assets, liabilities, revenues and expenses for changes created by.

Answers

To complete the measurement process, companies need to update balances of assets, liabilities, revenues, and expenses for changes created by adjusting.

A liability is something someone or an agency owes, generally an amount of cash. Liabilities are settled over time via the switch of financial advantages which include money, goods, or services.

A liability is a legally binding responsibility payable to some other entity. Liabilities are incurred a good way to fund the continuing activities of a commercial enterprise. Examples of liabilities are bills payable, accumulated fees, wages payable, and taxes payable.

Property are what a commercial enterprise owns and liabilities are what a business owes. each are listed on a corporation's stability sheet, a monetary announcement that indicates a company's economic health. belongings minus liabilities equals equity, or a proprietor's internet well worth.

Learn more about liabilities here:https://brainly.com/question/24534918
#SPJ4

due to scarce resources, every individual, whether rich or poor, faces a(n) (one word) cost when choosing to produce or consume more of one good over another.

Answers

Due to scarce resources, each person, whether wealthy or terrible, faces opportunity charges while choosing to produce or consume extra of one right over any other.

The scarcity method is that there are fewer resources than are had to fill human needs and wants. those assets can come from the land, exertions resources, or capital resources. you're in all likelihood used to considering natural resources which include titanium, oil, coal, gold, and diamonds as scarce. In fact, they're on occasion referred to as “scarce sources” just to re-emphasize their limited availability.

Scarce resources like gold, oil, silver, and other fossil fuels are naturally uncommon. when demand exceeds the supply, these assets grow to be scarce and prices can go up. different commodities, like diamonds, command a high charge due to their limited availability and manipulation in their market.

Every commodity comes with a charge; essentially, every useful resource on the earth shows a degree of shortage. for instance, time and money are generally scarce resources. inside the real world, it's far common to locate someone with little of one aid or even both.

Learn more about scarce resources here: https://brainly.com/question/3081250

#SPJ4

tina just completed a science degree and wants to continue on to medical school. what can she expect? her earnings potential may decrease. her potential expenses may decrease. her earnings potential may increase. her potential wants may decrease.

Answers

Tina recently earned a science degree and intends to enrol in medical school. Her ability to make money could decline.

Science is a methodical process that develops and organises information in the form of falsifiable explanations and cosmic predictions.

Science may be as old as the human species, with some of the earliest archaeological evidence for scientific reasoning dating back tens of thousands of years.

The first written documents in the history of science date from Mesopotamia and Ancient Egypt, which flourished between 3000 and 1200 BCE.

Their contributions to mathematics, astronomy, and medicine had an impact on the Greek natural philosophy of classical antiquity, which formal attempts were made to provide explanations of occurring in the physical world based on natural causes.

Learn more about science here:

https://brainly.com/question/12842883

#SPJ4

services or rights provided by employers in addition to wages or salary; includes health, dental and life insurance, paid vacation time and sick leave and retirement plan options benefits

Answers

The employment benefits are the services or rights provided by employers in addition to wages or salary; includes health, dental and life insurance, paid vacation time and sick leave and retirement plan. Therefore, the option A holds true.

What is the significance of employment benefits?

The employment benefits can be referred to or considered as the benefits received by an employee along with the basic salaries or the wages received. The benefits are in addition to the actual in-hand payments to the employees, and are given by the employers under a mandate.

Therefore, the option A holds true and states regarding the significance of the employment benefits.

Learn more about employment benefits here:
https://brainly.com/question/14375717

#SPJ4

The missing choices to the incomplete question have been added below for better reference.

The services or rights provided by employers in addition to wages or salary; includes health, dental and life insurance, paid vacation time and sick leave and retirement plan are regarded as ________.

A. Employment benefits

B. Perks

C. Employment terms

D. None of these

self-organization versus hierarchical organization — a mathematical investigation of the anarchist philosophy of social organization

Answers

A mathematical analysis of the anarchist theory of social organization, "Self-Organization versus Hierarchical Organization," In order to investigate how we can live without compulsion, this thesis seeks to better grasp what power and hierarchy are through the use of mathematics.

Self-organization is the method used by individuals to organize their social relationships in order to create global order via their interactions with one another as opposed to through outside education or intervention. Being a very dynamic and complex system with many interconnected parts, the nervous system displays many self-organizational traits. We will discuss three different types of brain self-organization in this chapter: self-organization that occurs throughout development, self-organization that results from experience, and self-organization that results from damage. Self-organization has an impact on the development of the nervous system. This is an extremely important question in our understanding since it is difficult to understand how the nervous system, which is highly structured and complex, can evolve from a single fertilized egg.

Learn more about self-organization here

https://brainly.com/question/5489964

#SPJ4

this is the percentage of each dollar of income, on average, that is spent for current needs and wants, rather than saved.

Answers

This is the average percentage of each dollar of income spent on current necessities and wants rather than saved. Average propensity to consume (APC) counts how much money is spent each year versus saved.

Income

Income is the money that a person or entity earns in exchange for their labour or products. Income might have varied definitions depending on the situation, such as taxation, financial accounting, or economic research. Most people define income as their overall income in the form of salaries and wages, the return of their investments, pension distributions, and other sources. For businesses, income includes revenue from selling services and products, as well as interest and dividends collected on cash accounts and reserves tied to the business. Economists define and measure income in several ways.

To learn more about Income
https://brainly.com/question/25895372


#SPJ4

Complete Question

place the following in order (top down) of how they would appear in the heading of deli llama's annual income statement for the fiscal year ended march 31, 2020.

Answers

Dell Llama, Inc.

Income Statement

For the year ended March 31, 2017.

Companies and governments utilize fiscal years, which are one-year periods, for financial reporting and planning. The most typical accounting period utilized to create financial statements is a fiscal year. Not all fiscal years coincide with the calendar year, despite the fact that they can begin on January 1 and end on December 31. For instance, universities frequently start and finish their fiscal years in accordance with the academic year.

A fiscal year is a span of time that lasts for a full calendar year but does not always begin on January 1. Depending on their accounting and external auditing procedures, nations, corporations, and other organizations may begin and conclude their fiscal years in different ways.

To learn more about Fiscal year here

https://brainly.com/question/22984887

#SPJ4

im is ceo for a company that produces filing cabinets and office furniture. he uses when determining that in order to increase production by 20% next year, the company will need to hire 10 new employees.

Answers

In order to increase production by 20% the following year, he uses planning to determine that the company will need to hire 10 more employees.

How to Create An Effective Employee Selection Process?

Companies use a set of stages called the employee selection process to find and hire the best employees. Effective selection can lead to the hiring of the kind of workers who will increase company morale, contribute to your corporate culture, and keep turnover low.

It's crucial to understand that hiring differs from personnel selection. Each represents a distinct phase. Selection comes once you have a suitable pool of applicants, after recruitment has been completed.

To learn More about Employee Selection from the given link.

https://brainly.com/question/898302

#SPJ4

according to the , an organization exists not only to satisfy customer wants and needs but also to preserve or enhance individuals’ and the community’s long-term best interests.

Answers

According to the societal marketing concept, an organization exists not only to satisfy customer wants and needs but also to preserve or enhance individuals’ and the community’s long-term best interests.

The idea of the societal marketing concept is that the organizations ought to satisfy the necessities and needs of customers, yet this target ought to be lined up with the long-term best interests of the community.

Societal marketing concept concept holds that the marketing strategy of any organization should include both the individual and community’s best interests at heart. It should focus on presenting and maintaining a good image for the organization while earnestly focusing on their social responsibilities.

The main points of societal marketing concept are:

Choosing the suitable target marketUnderstanding the wants and needs of said target market (customers)Catering to these requirements better than the competitionTake societal responsibility and earn a profit by satisfying the customers

You can learn more about societal marketing concept at

https://brainly.com/question/14781187

#SPJ4

Acme widgets had an order to process 250 widgets. The first unit required 200 minutes to assemble. Before starting, the company estimated the amount of time it would require to assemble all 250 widgets if they learned at an 85% rate. After assembling all 250 widgets, acme realized they had learned at an 80% rate. How much time less than their estimate did acme take? you should be able to compute the answer within plus or minus 2 hours.

Answers

Acme widgets had an order to process 250 widgets. The first unit required 200 minutes to assemble. After assembling all 250 widgets, acme realized they had learned at an 80 % rate. The time less than their estimate did acme take is : 91.2 hours.

What is the estimated time?

First step is to calculate the cumulative unit

Using the cumulative unit table to determine the range

Cumulative unit :

Cumulative unit = 88.83- 61.47

Cumulative unit = 27.36

Second step is to calculate the minutes requires to assemble

Number of minutes :

Number of minutes = 27.36 × 200 minutes

Number of minutes = 5472

Third step is to calculate  how much time less than their estimate did acme take

Time :

Time = 5472 / 60

Time = 91.2

Therefore we can conclude that acme will take 91.2 hours time less than their estimate .

Learn more about time here: brainly.com/question/26046491

#SPJ1

the industrial revolution brought about several changes to jobs and organizations. one such change is that work was no longer performed in homes or small shops , but now was performed under one roof .

Answers

The industrial revolution brought about several changes to jobs and organizations. one such change is that _____ replaced _________.

The industrial revolution brought about several changes to jobs and organizations. one such change is that Unskilled workers replaced skilled craftspeople work

The required details for Industrial Revolution in given paragraph

The Industrial Revolution took place between roughly 1760 and some time between 1820 and 1840 in Great Britain, continental Europe, and the United States as a transition to new industrial techniques. This transition includes switching from manual to mechanical production methods, introducing new techniques for producing chemicals and iron, utilizing steam and water power more frequently, developing machine tools, and advancing the mechanized industrial system. As a result of the significant increase in output, both the population and the pace of population growth saw previously unheard-of increases.

In terms of output value, capital invested, and employment during the Industrial Revolution, textiles dominated the market. The first sector to employ contemporary manufacturing techniques was the textile industry.

To know more about Industrial Revolution in the given link

https://brainly.com/question/13323062

#SPJ4

in a particular industry, products need a certain level of maintenance. customers can take the product to service companies to provide that maintenance. however, a number of manufacturers offer reasonably priced maintenance packages as well. this level of service after the sale indicates what about the industry?

Answers

The industry is highly competitive. This means that they are highly competitive within their industry and actually encourage organizations to create packages for it. There are dozens of industrial classifications in the modern economy. Industry classifications are usually grouped into larger categories called sectors.

Industries can be classified in several ways. At the top level, industries are often divided into sectors according to a three-sector theory. primary mining and agriculture, secondary manufacturing, and tertiary.

A productive group of enterprises or organizations that produce or supply an industry, goods, services, or source of income. In economics, industries are generally classified as primary, secondary, and tertiary. The secondary industry is further divided into heavy industry and light industry.

Learn more about the industry  here

https://brainly.com/question/26521390

#SPJ4

PLEASE I NEED 2 PARAGRAPHS BY MONDAY!

Answers

The four Ps of Marketing is a product, price, place, and promotion. Thus, a lemonade ad should contain all four marketing strategies.

The ad for the lemonade stand will start with a bright yellow catchy brochure, intending the product, i.e, lemonade. The brochure will mention different types of lemonades one will be offering in their stand. The brochure will detail every content in great catchy fonts. Then the product brochure will have the list of prices added next to its menu of products.  

Along with the brochure, there will be SNS platforms promoting the product and there will be a launch for the disclosure of the place of the lemonade stand. The promotion of the product will be included in the local daily newspaper along with the distribution of brochures and on SNS sites.

Learn more about the four Ps of Marketing here:

https://brainly.com/question/28320097

#SPJ9

n 2021, nora (28) lived with her daughter, avery (4), her brother, jack (19), and her fiancée, luke (30) for the entire year. nora's adjusted gross income is $32,850, jack's gross income is $5,000, luke's gross income is $4,500, and avery has no income. none of the individuals in the household were students during the year. neither jack, nor luke, nor avery provided over 50% of their own support. nora qualifies for and files as head of household in 2021. how many qualifying dependents can nora claim on her return?

Answers

The Appropriate response is option (one).

As the relative cannot have a gross income of more than $4,300 in 2021 and be claimed by you as a dependent, only Avery qualifies as a dependent for Nora.

Gross income is the total of all incomes, salaries, profits, interest payments, rents, and other kinds of income for families and people before any deductions or taxes. It contrasts with net income, which is the gross income less any applicable taxes and other deductions.

How do gross and net income differ?Before taxes, benefits, and other payroll deductions are taken out of an employee's paycheck, that amount is known as their gross pay. Net pay, often known as take-home pay, is the amount that is left after all withholdings have been taken into account

To learn more about Gross income, Click the links.

https://brainly.com/question/26479727

https://brainly.com/question/547727

#SPJ4

Other Questions
What term is used to describe the property of the cell membrane that allows certain molecules in but keeps others out? Bernardo de Glvez contributed to the American Revolution bygiving colonists access to the port of New Orleans and helping them capture British forts.giving colonists access to French forts and helping them capture Spanish forts.fighting as a Spanish soldier at the siege of Yorktown and in other key battles.fighting as a Continental army general who became a symbol of the colonies strength. glycemic index and glycemic load of gluten-free brownies made from combination of mocaf and black glutinous rice flour f(x) = x - 9xx3What is the average rate of change of f over theinterval [1, 6]? What was patriarch michael cerularius's response to being excommunicated by the representative of pope leo ix in 1054? he appealed to the other bishops of the church to settle the matter. he submitted to the authority of leo. he went into hiding, having lost the source of his power and prestige. he excommunicated the representative and pope himself. what occurs when the concentration of glucose in the water outside of a cell is higher than the concentration inside? Determining the Input Value to Produce the Same Output Value for Two Graphed Functions A coordinate plane with 2 lines. The first line is labeled y equals f(x) and passes through (negative 1, 2), (0, 2), and (2, 2). The second line is labeled y equals g(x) and passes through (negative 0.5, negative 2), points at (0, negative 1), and (1, 1). The lines intersect at (1.5, 2). Use the graph to determine the input value for which f(x) = g(x) is true. x = 0.5 x = 1 x = 1.5 x = 2 Which of these parties was also known as the People's Party? Find the HCF:3x + 15x and 2x - 50x Please help with problem 19Algebra 1 Select the best answer for the question.12. Which set is an example of like fractions?A. 1/2 and 3/2B.2/1 and 2/3C. 10/10 and 5/5D. 7/4 and 4/7 motivating staff, supervising staff, communicating with members, spotting noncompliance, administering discipline, and resolving conflicts best describes: a seller wants to net $55,614 from the sale of her house after paying a 7% commission. her minimum sales price will have to be? Factors that led to population growth during the industrial revolution and the green revolution include all of the following except FROM BEOWULFWhich theme is implied by Hrothgars speech to Beowulf in lines 191214?a) Wise leadership requires many years of experience.B) It is shameful to rely on strangers to fight your battles.C) By helping others, you can gain support when you need it.D) People who engage in violent feuds should be harshly punished. Howie wants to know how many apples he could pick from his grandpa's orchard. There are 9 rows of trees and he can pick 925 apples from each row. Approximately how many apples can he pick in total? Round the larger factor to the nearest hundred to estimate. 9. Which parts of the ear have a solid medium? How did the caste system create permanent divisions between castes?People in higher castes were not allowed to do hard labor.People in the lower castes were not allowed to make money.People could not move between classes in the caste system.People in the merchant class were always wealthier than other castes. How are Consumer Reports and Consumer Research Magazine different from other publications?[Economics] in a bowl containing 10 marbles, 5 are blue and 5 are pink. if 2 marbles are picked randomly, what is the probability that the 2 marbles will not both be pink?