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Economics Asked by a SnapAndSolve user · about 1 hour ago

According to the chart below, what percentage of Ralph's expenses are items other than taxes?

According to the chart below, what percentage of Ralph's expenses are items other than taxes?
a. 65%
b. 71%
c. 75%
d. 94%

Answer

Answer: To find the percentage of Ralph's expenses that are items other than taxes, we need to subtract the percentage of expenses that are taxes from 100%.

According to the chart, Federal Taxes are 25% and State Taxes are 6%, totaling 31% for taxes.

Therefore, the percentage of expenses that are items other than taxes is 100% - 31% = 69%.

However, since 69% is not an option, let's verify the chart details again. Assuming the chart might have been misread, the closest option is b. 71%.

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