Mathematics, 24.03.2021 06:40 mariaguadalupeduranc
Due to temporary tax cuts in 2010, persons in the U. S. who earned $50,000 per year had a lower tax rate. On average, these persons retained 2% more of their income than before the cuts, due to the lower rate. The 2010 law also gave the same persons a separate $850 credit on their federal tax return, which means they were allowed to subtract $850 from the amount of taxes they owed.
How much extra money did a typical person earning $50,000 receive due to the tax cuts?
This extra money represents what percent of the typical person’s salary?
Answers: 3
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The customer price index(cpi), which measures the cost of a typical package of customer goods, was 208.8 in 2011 and 244.1 in 2016.let x=11 corresponding to the year 2011 an estimate to cpi into 2013 and 2014. assume that the data can be modeled by a straight line and the trend to continue idenfinitely. use data points to find such a line and then estimate the requested quantities
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