If you exceed expectations, it will work as an advantage and you can save the extra money. If you earn less, you are on the safe side while making plans for the expenses. 10. Plan for higher expense in future budget When you are planning for the next month’s budget, you need to be conservative about the income, but plan for higher expenses than your spending pattern in the past. This will enable you to have a buffer when you need to cope up with the rising costs or unexpected expense.
To what extent did the failings of Nazi economic policy contribute to the defeat of Germany in the Second World War? There were several different factors that all had an impact on the defeat of Germany during the Second World War and the extent of which the failings of the Nazi economic policy contributed can be argued. The meagre state of the economy, through insufficient planning, did put strains on the government and this limited the full potential of the army, the production of weapons and high demand for labour. No doubt, the economy did hinder the progression of the war however I believe that there were more significant factors that contributed to the defeat of Germany. Hitler’s strategy incompetence, the Allied bombings and losing the Battle of The Atlantic were all also important factors in the defeat of Germany.
Identify two reasons for the trend towards getting married later in life? The two reasons for the trend towards getting married later in life are changes in the position of women and fear of divorce. Women are with better educational and career prospects; many are now less economically dependent on men. This gives them greater freedom not to marry. A rise in divorce rate may put some women off marriage as they see this will increase the likelihood of the marriage ending in divorce thus resulting in trends in getting married later in life.
The first is to investigate how Social Security replacement rates have changed across a broad range of cohorts and within cohorts by marital status and by income distribution. The second goal is to explain the extent to which the changing lives of women can explain the pattern of replacement rates across cohorts. The third goal is to estimate how the changing pattern in replacement rates has affected Social Security finances. This paper focuses on replacement rates –benefits as a percent of pre-retirement earnings. While the level of Social Security benefits has increased overtime, wages have as well; so for measuring both adequacy of benefits and impact on the program, replacement rates are the appropriate concept.
Under the most simple form of depreciation, the company might allocate $100 of the cost of the generator to its expenses every year, until the $1000 capital expense has been "used up." Under accelerated depreciation, the company may be allowed to allocate $200 of the cost of the generator for five years. If the company has $200 in profits per year (before consideration of the cost of the generator or any effects of debt or other factors), and the tax rate is 20%: a) Normal depreciation: the company claims $100 in
In that case, we can get the new equity value per share. We follow the same trend of growth, but use a higher initial rate instead. The initial growth rate was made to 8%, instead of 7%. As the growth trend is the same and other things are constant, WACC will cause the increase of the equity value per share. With the calculated WACC, the initial rate must be at least 7.96% to determine whether to purchase the stocks.
If we spend a high amount on university education, it means less to spend on primary and secondary education or it requires higher taxes. Primary education may have a greater return for society than university education. Also, firms often state there are shortages of workers with vocational skills such as
Finally, age structure of the population drives consumption. This is because young and elderly populations have a tendency to have a higher APC than the middle-aged population. Consumer expenditure is more important to AD; than investment because investment is a highly volatile component; than government spending because government spending is dependent on consumers as well as other political factors; and last in comparison to net exports, because net exportation is largely dependent other
The content of Sources B and C contrast greatly as they both take up different viewpoints on how the country should move forward. In contrast to source C, source B by Tom Jones- depicts the view that Civil Servants who believe the government should spend their way out of the crisis “with an advanced programme of social reform, using the “enormous sums of money made available for housing the minister of Supply”, citing the dangers of “Bolshevik Propaganda”. This demonstrates a highly contrasting approach to what due to hindsight one knows the government took (e.g. Geddes axe), and how real the fear of a revolution was to many of high political importance. Conversely, Source C (First Interim Report of the Committee of National Expenditure) demonstrates a more negative approach, suggesting the shrinking of the state; inferring that the committee are relatively indifferent to the scale of social unrest (perhaps even no comprehension for the possibility of a Bolshevik revolution) due to the fact that they do not wish to give the public something positive in the wake of the previous national tragedy.
Do Do large firms pay higher wages than small firms? Shiying Chen Abstract： Wage is one of the most important considerations as well as the firm size for job seekers to choose their desirable jobs. The companies providing good wages will gain more competitiveness in the labor market and attract more qualified employees with high productivity. However, due to the difference in capital and resources, the payments for the same occupations in large firms and small firms may vary and cause unbalanced labor supplies. To study the relationship between wages and firm-size, this paper combines statistics analysis with labor economic theories to explain why large firms pay higher wages than small firms and discusses the reasons that lead to the wage difference from the labor economics aspect and puts forward several suggestions to narrow the gap.