Yetresh paid in trade union contributions

Assignment Help Macroeconomics
Reference no: EM131088397

Alfonce sews garments and is paid £2.35 for each. In one week he is paid £141.

(a) Calculate how many garments Alfonce sewed in that week.

In that week, Alfonce spent 25 hours sewing garments.

(b) Calculate the rate per hour that Alfonce received.

Yetresh's gross salary is £1,980 per month. In a particular month she paid income tax of £265, trade union contributions, and 3.25% of her gross salary in pension contributions. Her total deduction from gross salary is £355.

Calculate:

(c) how much Yetresh paid in pension contributions for that month.

(d) how much Yetresh paid in trade union contributions that month.

(e) Yetresh's net pay as a percentage of her gross pay.

Reference no: EM131088397

Questions Cloud

Points on the firm tvc curve : a. Assuming capital costs $3 per unit and labor costs $1 per unit, which process will be employed? b. Plot the three points on the firm's TVC curve corresponding to q = 10, q = 30, and q = 50.
Different economics effects of the tax : Demand: P= 50-QD and Supply: P= 25+QS Assume that the government levied a 25% tax on the suppliers of mangoes. Illustrate graphically the different economics effects of the tax. CALCULATE AND COMPUTE THE DEADWEIGHT LOSS AND TAX BURDEN.
Subject to unbending rules and operate : Which school argued that mixed paper and gold standard should be subject to unbending rules and operate just as a struct gold standard would?
Expected operating expenses : A 5 year old machine has SV = $1,200 if sold today, and $400 if sold 5 years from now. It's operating expenses are $800 per year. A new machine is available for $2400, has expected operating expenses of $500 per year, and a SV = $1,000 at the end of ..
Yetresh paid in trade union contributions : How much Yetresh paid in pension contributions for that month. How much Yetresh paid in trade union contributions that month.
Normal or inferior good : Sylvia's annual salary increases from $100,500 to $109,500, and she decides to increase the number of vacations she takes per year from 3 to 4. Calculate her income elasticity of demand for vacations. Normal or Inferior good?
What is marginal utility : What is Marginal Utility? Why does it diminish? Explain verbally, and using appropriate math/symbols, the slope of the indifference curve. Write out the equation for and explain the “Consumer Equilibrium Condition” or, as it is sometimes labeled, the..
What is the sub-carrier spacing in lte ofdm : How many sub-carriers make Resource Block (RB)? What is the minimum and maximum number of RBs an LTE system can have? What bandwidths do these minimum and
Define price elasticity of demand in words : Define Price Elasticity of Demand in words. How is price elasticity of demand related to the revenues a firm earns? Would a firm prefer that your price elasticity of demand for its product be elastic or inelastic? Why?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd