This topic contains a solution. Click here to go to the answer

Author Question: At the beginning of the year, Becky's wealth was 30,000. During the year, she earned 50,000 of ... (Read 61 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
At the beginning of the year, Becky's wealth was 30,000. During the year, she earned 50,000 of income, paid 6,000 in taxes and consumed 43,000 of goods and services. What is Becky's wealth at the end of the year?
 
  What will be an ideal response?

Question 2

Due to ongoing drought conditions, many cities in Texas have implemented water conservation measures which prevent homeowners from watering their lawns more than two times per month. Prior to the drought conditions, no restrictions were in place.
 
  Discuss this measure from the villain/victim standpoint. Explain who the villains and victims are, and if they really are villains and victims?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alvinum

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

Becky's wealth is 31,000, the sum of her initial wealth (30,000 ) plus her new saving of 1,000.

Answer to Question 2

The villains are those people who use too much water on their lawns, and the victims are those people who want to use the water for other things. This is actually just a dispute over the best use of a resource between people with competing preferences. As a result of the restrictions, people have dry, brown lawns and dying shrubs in their gardens. Without the restrictions, other people may not have been permitted to wash their cars or keep their swimming pools filled. Much of this dispute could be avoided if water were priced in the marketplace instead of by municipalities, as that would direct water to its most valued uses and encourage conservation.




mckennatimberlake

  • Member
  • Posts: 559
Reply 2 on: Jun 29, 2018
Gracias!


softEldritch

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Thyroid conditions may make getting pregnant impossible.

For a complete list of videos, visit our video library