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

question 243

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 $35,000 and whose net tax rate is 21%?
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$__________

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Definitions:

Stops Paying Attention

The diversion of focus or concentration away from a task or subject, leading to decreased awareness or responsiveness.

Constant Signals

Signals or messages that are unchanging over time, often used in communication systems or signal processing.

Proprioception

The sense that allows the body to perceive its position and movement in space, contributing to balance and coordination.

Mediated By

A process or interaction facilitated or controlled by a specific factor or agent.