Illustrate the 3rd the government redistributes income
Illustrate the 3rd the government redistributes income?
Expert
To help alleviate poverty the 3rd government redistributes income. It is completed by progressive taxation of income that taxes low down incomes which is proportionately less than high incomes and by transfer payment programs likely redundancy compensation, social security benefits also food stamps, Medicare, aid to low-income families with dependent children, and other programs that provide support for the poor.
Describe GDP gap and Okun’s Law?
Can you explain how different government policies with respect to the recycling of aluminum and paper might account for these different market outcomes?
The first comprehensive work upon economics written within English was authored through Adam Smith in 1776 year and entitled that “An Inquiry within the Nature and Causes of: (1) Laws of Supply and Demand.” (2) Wealth of Nations.” (3
How is a shift in demand reflected in a demand equation? How is a shift in supply reflected in a supply equation? How is a movement along a demand (supply) curve reflected in a demand (supply) equation?
Briefly describe the term Benefit Cost Ratio (or B/C Ratio) or Profitability Index (or PI)?
Janet has loaned a start-up coffee house $50,000 and predicts to earn interest from her financial investment. In circular flow model this transaction is an illustration of: (1) An exchange of her saving for interest, via a resource market for the economic capital. (2)
Illustrate “freedom is to some extent illusory”?
Write down the importance of Price Earnings Ratio?
Explain the cause of Trade barriers?
Use the economic perspective to explain the behavior of the workers? Why do they work so diligently?
18,76,764
1952883 Asked
3,689
Active Tutors
1417921
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!