Keith McPherson Earned $20,000 Last Year as a Carpenter

question 153

Multiple Choice

Keith McPherson earned $20,000 last year as a carpenter.He paid $6,000 for food,rent,medical expenses,and other "necessities." There was little construction work in February,so he took a trip to the Caribbean and spent $4,000.What was Keith's discretionary income last year?

• A)$4,000
• B)$20,000
• C)$10,000
• D)$12,000
• E)The information given is insufficient.

Grasp the significance of group size on the functioning and intimacy levels within the group.

Acknowledge the importance and methods of establishing group guidelines and norms.

Recognize the role and methods of preliminary activities (e.g., interviews, pregroup meetings) in enhancing treatment group effectiveness.

Understand the concepts of functional and dysfunctional behaviors within groups and the role of the leader in managing these.

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Definitions:

Economic Environment

The economic factors that impact the operation and performance of businesses, including inflation, interest rates, economic growth, and unemployment rates.

Countercyclical Sales

Countercyclical sales refer to revenues generated from products or services whose demand increases during economic downturns, opposite to the general market trend.

PEST Analysis

A strategic tool used to analyze a company's external environment in four areas: Political, Economic, Social, and Technological factors.