Explain the circumstances under which an increase inpensions and child benefit would (a) Increase national income; (b)

Question:

Explain the circumstances under which an increase inpensions and child benefit would
(a) Increase national income;
(b) Leave national income unaffected;
(c) Decrease national income.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Economics

ISBN: 978-0273721307

7th edition

Authors: John Sloman, Alison Wride

See More Books

Question Posted: Nov 18, 2013 09:36 AM

See More Questions

Explain the circumstances under which fair value hedge accounting should be used and when cash flow hedge accounting should be used.
Explain the circumstances under which debt financing will increase the return on common stockholders equity ratio.
Explain the circumstances under which a single college graduate would or would not need life insurance. What life-cycle events would change this initial evaluation, and how might they affect the...
In Exercises 130, find the domain of each function. f(x) = 1 4 x - 2 3
How does the real options approach apply to the selection of IT projects?
Account Title Cash Accounts receivable Prepaid insurance Land Buildings Accumulated depreciation-buildings Office equipment Accumulated depreciation-office equipment Accounts payable Salaries payable...
Explain the difference between Inverse ETFs and Leverage ETFs.
The comparative balance sheet of Canace Products Inc. for December 31, 2016 and 2015, is as follows: The income statement for the year ended December 31, 2016, is as follows: Additional data obtained...
Popular furniture company, IKEA, has purchased forests in Romania as well as land in Alabama to assist with keeping up with the wood demand necessary to complete customer orders. This was one way...
Consider two Italian restaurants located in identical towns 200 miles apart. The restaurants are identical in every respect but their tipping policies. At one, there is a flat $15 service charge, but...
Explain how equilibrium would be restored in the circular flow of income if there were a fall in investment.
For what reasons might GDP be a poor indicator of (i) The level of development of a country; (ii) Its rate of economic development?
Find the solution to the following PDE: \[\begin{aligned}& \frac{\partial^{2} u}{\partial t^{2}}=\frac{\partial^{2} u}{\partial x^{2}} \\& u(0, t)=u(\pi, t)=0 \\& u(x, 0)=0 \\& \frac{\partial...
During the Launch and Understand phases, it became evident that major changes will occur for the staff. For example, there will be less focus on data entry and more on providing student service....
Consider the situation in Merton's jump-diffusion model where the underlying asset is a non-dividend-paying stock. The average frequency of jumps is one per year. The average percentage jump size is...
Socially responsible investing (SRI) means that you are investing in a. companies making the largest gains in profit for the past three years. b. only companies that meet a certain standard of CSR....
You elect to conduct several Understand phase workshops to process model (map) the current processes, gather high-level metrics, and complete the People Capability Matrix. You have also elected to...
How should companies respond to government request to break their own security systems. Apple has had numerous requests from law enforcement to break into iPhones confiscated in criminal and...
Find the formula for the volume of a right circular cone of height H and radius R using the Theorem of Pappus as applied to the triangle bounded by the x-axis, the y-axis, and the line y = H/R x + H,...
Explain the circumstances that could result in a long-term bank loan being shown in a statement of financial position as a current liability.
Go to www.federalreserve.gov and click on the tab Banking Information & Regulation. Then select the links Banking Data followed by Large Commercial Banks. Once there, choose the latest release of...
Rose is a project manager at the civil engineering consulting firm of Sands, Gravel, Concrete, and Waters, Inc. She has been collecting data on a project in which concrete pillars were being...
Sally Statistics is implementing a system of statistical process control (SPC) charts in her factory in an effort to reduce the overall cost of scrapped product. The current cost of scrap is $X per...
Randy Duck out has been asked to develop an estimate of the per-unit selling price (the price that each unit will be sold for) of a new line of hand-crafted booklets that offer excuses for missed...
Suppose that the net income view were to be correct in Problem 1. Describe a profitable investment strategy for investors in the companys bonds and equity if the company were to reduce its debt. What...
A piece of land in Ottawa with an area of 0.5 square kilometers is priced at 5200 Canadian dollars. If there are 0.9955 Canadian dollars per (U.S.) dollar, then what is the price in dollars per...
Marc and Mikkel are married and file a joint tax return. Marc and Mikkel earned salaries this year of $ 6 6 , 2 0 0 and $ 2 5 , 2 0 0 , respectively. In addition to their salaries, they received...

Explain the circumstances under which an increase inpensions and child benefit would (a) Increase national income; (b)

Question:

Step by Step Answer:

Firstly we will have to understand what national income is Nation...View the full answer

Economics

Students also viewed these Economics questions