Arvie loves to bike. in fact, he has always turned down better paying jobs to work in bicycle shops where he gets an employee discount. at jarvie’s current shop, bad dog cycles, each employee is allowed to purchase four bicycles a year at a discount. bad dog has an average gross profit percentage on bicycles of 25 percent. during the current year, jarvie bought the following bikes: description retail price cost employee price specialized road bike $ 3,200 $ 2,000 $ 2,240 rocky mountain mountain bike 3,800 3,200 3,040 trek road bike 2,700 2,000 1,890 yeti mountain bike 3,500 2,500 2,800 a. what amount is jarvie required to include in taxable income from these purchases?

Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today