Why is it important to eliminate debt as soon as possible?

What do economists mean when they use the latin expression ceteris paribus?

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

Camilo is a self-employed roofer. he reported a profit of $30,000 on his schedule c. he had other taxable income of $5,000. he paid $3,000 for hospitalization insurance. his self-employment tax was $4,656. he paid his former wife $4,000 in court-ordered alimony and $4,000 in child support. what is the amount camilo can deduct in arriving at adjusted gross income (agi)?