economics

what is income

• Income is a type of tax paid to the government.
• Income refers to the total amount of debt a person has.
• Income is the financial gain received from work, investments, or other sources.
• Income is the amount of money spent on goods and services.

what is a levy

• A legal seizure of property to satisfy a debt.
• A financial investment strategy.
• A method of collecting donations for charity.
• A type of tax imposed by the government.

1+1=3

• True
• False

what is interest

• Interest is the cost of borrowing or the return on savings.
• Interest is the price of goods.
• Interest is a government tax.
• Interest is a type of loan.

what is an export

• bringing a product into the country

• exporting a product out of the country

• traid

• idk

what is compound interest

• Simple interest calculated only on the principal amount.
• A type of interest that decreases over time.
• Compound interest is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.
• Interest that is not compounded over time.

12x12=

• 130
• 120
• 150
• 144

define a buissnes losing money (how)

how much dose 5kg of salmon cost

• 5kg of salmon costs $10.
• 5kg of salmon costs $300.
• 5kg of salmon costs $20.
• The cost of 5kg of salmon is between $50 and $150.

why are we here

• To enjoy the beauty of nature.
• To seek understanding of our existence and purpose.
• To follow societal norms and expectations.
• To accumulate wealth and power.