In Year 1, the price level was 120 and the average nominal income was $30,000. In Year 2, the price level was 125 and the average nominal level of income was $32,000. What happened to real income from Year 1 to Year 2

There was an increase in real income from year 1 to year 2 by a value of 600

Explanation:

In this question, we are asked to explain what happened to real income from Year 1 to Year 2.

We calculate that as follows.

Kindly note that CPI(consumer price index) is same as price level in this case

Mathematically, real income = (income/CPI) * 100

In Year 1, real income = (30,000/120) * 100 = 25000

In Year 2, real income = (32,000/125) * 100 = 25,600

The question asked what happened to real income from year 1 to year 2. What happened is that there was an increase of 25600-25000 = 600 in real income from year 1 to year 2

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported

c

explanation:

well obviously you must be dumb if you dont noe dat