Solved

Economists Define the Disposable Annual Income for an Individual by the Equation

Question 178

Short Answer

Economists define the disposable annual income for an individual by the equation D = (1 - r)T, where T is the individual's total income and r is the net rate at which he or she is taxed. What is the disposable income for an individual whose income is $80,000 and whose net tax rate is 21%?
$__________

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents