ECONOMICS (CBSE/UGC NET)

ECONOMICS

BUDGETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Weekly Salary
A
fixed expense
B
expected Income
C
unexpected income
D
variable expense
Explanation: 

Detailed explanation-1: -You can say something like, “Based on my 10 years of experience in this field, I would expect a salary in the range of $Y to $Z.” Before mentioning any numbers, remind the interviewer why he or she should offer you a salary in the first place.

Detailed explanation-2: -According to the U.S. Bureau of Labor Statistics (BLS), the median weekly income (including overtime, commission and tips) for full-time workers (excluding those who are self-employed) in America was $1, 041 as of the second quarter of 2022. If that rate persists for the entire year, that would equal $54, 132 a year.

Detailed explanation-3: -For example, the weekly salary of a person is $400; his/her annual salary will be $400 × 52 = $20, 800 . To convert a weekly salary into its monthly equivalent, the weekly salary is multiplied by 52, and the result is divided by 12.

There is 1 question to complete.