(TCO 5) An increase in expected future income will (Points : 4) increase aggregate demand and aggregate supply. d. increase aggregate demand. a. increase aggregate demand and aggregate supply. An increase in expected future income will. Planned income is also influenced by the amount of revenue coming into the business, but the income figure is … When he asks you to name your expected income, do not simply throw out a figure that suits you. Future income taxes are expected future tax costs or savings from differences between financial and taxable income or expenses. Most of the increase in household income was achieved in the period from 1970 to 2000. Expected future income: Consumer expectations about future income also are important in determining consumption. Answer Save. In these three decades, the median income increased by 41%, to $70,800, at an annual average rate of 1.2%. b. decrease aggregate demand and aggregate supply. The table below shows estimated future cost-of-living adjustments (COLAs) and estimated future percentage increases in the national average wage index (AWI). an increase in expected future income will? decrease aggregate demand and aggregate supply. News of recession and troubles in … If consumers feel optimistic about the future, they are more likely to spend and increase overall aggregate demand. c. increase aggregate supply. Directions The Current Salary is the sum of money you earn in one year. Setting an expected revenue figure helps in producing products for sale and marketing the business and its related products to increase the overall revenue. Relevance. From 2000 to 2018, the growth in household income slowed to an annual average rate of only 0.3%. increase aggregate demand. The Expected salary increase per year (%) is the percent of yearly income will increase The Number of years is to be entered as the number of years. 2 Answers. $87,000 would increase 3.38% doesn’t seem right. Jennifer H. … It would be nice to see the proper calculation using this year’s numbers so we know what to expect next month when they release the written statement. ... A decrease followed by an increase … increase aggregate supply. A) Decrease aggregate demand and aggregate supply: B) Increase aggregate demand and aggregate supply: C) Increase aggregate demand: D) Increase aggregate supply: Answer: C) Increase aggregate demand Explanation: Subject: Indian Economy Exam Prep: Bank Exams. An increase in expected future income will: increase aggregate demand and aggregate supply. Question 2.2. These estimates are derived from the "intermediate" assumptions in the 2020 Trustees Report.. increase aggregate supply. So if you calculate the 9/17-8/18 average it’s 249.28 and the 9/19-8/20 average is 257.72 the difference is 8.44 which is 3.38% increase. (TCO 5) The upward slope of the short-run aggregate supply curve is based on the assumption that (Points : 4) decrease aggregate demand and aggregate supply. Question: Explain how the increase in expected future income affects current consumption and future consumption and borrowing and the intuition for why consuming and borrowing change. A potential employer may ask you about your expected income on a job positing or in an interview. The employer wants to know how much you expect to be paid for working the job position in question. If you are gathering information to file taxes online, keep in mind that it may be pre-tax, post-tax or a future income.