Intrinsic value is the sum of all the future expected free cash flows converted into today’s dollars. i. Who are the providers (savers) and users (borrowers) of capital? How is capital transferred between savers and borrowers? The providers (savers) are households and the U.S. government when it runs a surplus.
Unemployment insurance benefits are: 48. financed by payroll taxes levied on workers. 49. financed by payroll taxes levied on employers. 50. both (a) and (b) 51. financed by sales taxes. 52. Which of the following is true about the Social Security pension system in the United States?
6. How can GDP per capita and poverty rates indicate standard of living in each system? In your opinion, are these two statistics influenced by the Economic System? Why or why not? 7.
B) inflation, unemployment, gross national product, and the nation's economy as a whole. C) how markets interact in the aggregate economy. D) marginal changes in the economy. 3) Which of the following is a microeconomic question? A) Should companies pay for employees' health insurance?
Explain how changes in the price level in the UK are measured through the use of price indices such as the RPI and CPI. (15 marks) In the UK the change in price level is measured now through the CPI or the consumer price index, which is a weighted price index that measures the monthly change in the prices of a basket of around 600 goods and services. The weighting and the goods included in the basket are determined through the family expenditure survey each year, although the expenditure of high-income households and pensioners are excluded from the survey, which attempts to look at the expenditure of the ‘average family’. The weighting of different goods within the CPI reflects the spending patterns of the average family, for example food may be weighted higher then lawnmowers as food takes up more of a families budget and is seen as more important, because of this some goods have a larger impact on CPI then their actual change because of the weighting. When a good is deemed no longer a significant part of the spending of an average family it is removed from the survey and new ones are added, for example recently craft beer and headphones where added to the basket whilst sat navs and yoghurt drinks where removed from the basket.
posting1) Antonio GDP stands for Gross Domestic Product and it represents and estimated value in economic terms of a country’s total output at a particular point in time. It is used to measure the total value of goods and services in a country. There are four components that are looked at when computing GDP; personal cption, gross private domestic investment, government purchases and net exports (Rittenberg & Tregarthen, 2009). By combining the all of these components or expenditures, one can calculate a country’s GDP (Petroff, 2002). The bottom line for GDP is that it is a tool used to see how whether a particular economy is doing poorly or well.
Initially, the market is in equilibrium with price equal to $3 and quantity equal to 100. Government imposes a tax on suppliers of $1 per unit. The effect of the tax is to 25. Refer to the graph shown. If this monopolistically competitive firm maximizes profit, it will 26.
WHY DOES POVERTY PERSIST IN CONTEMPORARY UK SOCIETY There are two different ways of defining poverty. The two different approaches have been favoured by many sociologists and researchers. The two different ones are; Absolute poverty and Relative Poverty (Giddens 2006). Absolute poverty is where people are lacking things for example; sufficient food shelter and clothing. These people are known to live in poverty.
The method in which welfare is being reformed, including, but not limited to forcing people to survive off unlivable minimum wages and instituting harmful qualifications in order to receive welfare aid, is not an effective means of helping the impoverished. This has been true for about the past decade. Working for minimum wage does not provide a sufficient amount of income to survive. In addition, welfare now has qualifications that are harmful for those in need of support. Welfare reform is not on the right track to improve lives and is only going to exacerbate the terrible living situations of the penniless.
Poverty is the most visible consequences of homelessness (Newman, 2012). Current economy recession and poor employment opportunities people loss their job. It leads to foreclosure of house’s and problem in maintaining households for reasons that they can’t afford paying mortgage or rent. Affordable housing according to federal government costs 30% of family’s income and the poorest fifth of the population spend 78% of their wages in housing (Newman,