The Wilson family has a disposable income of $60,000 annually. Assume that their marginal propensity to consume is 0.8 (the Wilson family spends 80% of new disposable income on consumption) and that their autonomous consumption spending is equal to $10,000.
What is the amount of the Wilson family's annual consumer spending?

If you want to compare two different investments, what should you calculate

Why has the free enterprise system been modified to include some government intervention?

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?