As the ageing population continues to grow, the dependency ratio will continue to rise and there the ratio of workers to dependents in unbalanced. There are less people to support those that are dependent both financially, through taxes perhaps, and socially. To combat this, Governments could increase taxes so that there was more funding to support the elderly, as in pay for their residential and medical care, but this would cause disputes among taxpayers. An alternative to this would be to revoke pension and service rights or by introducing a cost, which would exclude elderly people that belonged to the proletariat. Marxist would suggest that introducing a higher tax or introducing costs for welfare support would be society’s way of extending the oppression of the proletariat, keeping them poor and preventing revolution to form a communist
Close to the likely locations of these hotels, the environmental cost will likely be payed by the mangroves due to their unattractiveness by the mainstream tourist. This phenomenon of people flooding the region is likely to occur not only the reef, but in the mangroves as well. The only reason the degradation of the mangrove and coral reef habitats is occuring is a result of this coasts’ high potential for a beautifully, healthy, and bio-diverse community.
As the demand for one product decreases it can cause a chain reaction lowering the demand for products needed to produce the first product. This cycle will continue until the demand for manufactures goods increased and its citizen’s put more capital back into the economy. This theory is true for any reason that people stop buying goods, if the demand goes down so does the supply and the money spent on the supply. In effort to stabilize an economy that is stuck in the decreasing demand and supply cycle the government should increase spending and find ways to increase individual spending across the country. As the capital is put back into the economy the demand for supplies will go up.
In the short-run, a larger government deficit would cause an increase to “total planned expenditures and higher aggregate demand “(Miller, 2012, pg. 308). The real GDP equilibrium would rise above the full-employment level because of deficit spending. The price level would also increase. In the long-run, the economy “adjusted to changes in all factors” and the “equilibrium real GDP remains at its full-employment level” even though the increase in the budget deficit causes a rise in the aggregate demand.
However, pensioners will be hit hard because the extra income they earn from saving will have dramatically reduced, making them worse off. On the other hand, savers may leave the pound for better interest rates in other countries (hot money), causing a fall in the demand for the pound. As a result the value of the pound will fall, making exports cheaper and there will be an injection of net exports. In conclusion, the impact of loose monetary policy will be beneficial to the economy because extra consumption and investment will cause AD to increase which will increase economic growth. However, it takes a long time for changes in interest rates to feed through to consumption and investment and by then the economy may have gotten worse.
It helps me predict the effects of the business cycle (Seasons or GDP when income levels rise or fall) on my sales. Currently we are in a slowed economy. Therefore, we have more unemployment or people watching their money more carefully and are more interested in price shopping. g. You obtain this information the % change in quantity demanded divided by the % change in the consumer’s income. Necessity will drive the income demand first and then as necessities are met and money increases, then luxury item demands will begin to increase.
I do not agree with her as well on raising the bank reserve requirements as it can restrain lending from banks and as a result it will shrink the economy growth. After analyzing my colleagues’ recommendations, and as the president’s senior economic advisor, I recommend the following: * We should lower income taxes. This shall increase the aggregate demand as the consumer disposable income will increase, which leads to an increase in the consumer spending. If the consumer spending increases, it will bring back up the flow of business and operations which means more jobs opening in the market and low unemployment rates. * Lowering banks’ interest rates.
To put this in perspective leasing the land alone will generate almost 2 billion dollars not including the permits that would have to be bought. The natives of Alaska support the development of this land a lot more than the green organizations lead us to believe. The development of ANWR would add 2 million more barrels a day to Alaska’s production. Green energy production is doing a lot more damage to the wildlife than putting in a oil rig would do. The wind turbines kill thousands of protected eagles and bats each year.
According to California Invasive Plant Council for Spring 2009 says that weeds alone cost California $82 million a year and that also suggest that invasive species has cost the United States $138 billion. That is a lot of money and a lot of product that was lost because of the contamination of the crops and grapes. The glassy-winged sharpshooter (GWSS) feeds off the stems and happen to be at least 100,000 -150,000 insects per tree and they affect over 130 different plants. When feeding off the stems, the stem carry so much fluid that when the GWSS feed they consume large amounts to have energy and to grow. After filtering the essential nutrient from the stem it releases a small droplet that is later visible when it is
He said that “we are eating up our capital, rather than living on what we produce and we take this as sign as being prosperity, rather than a sign of which we are using our capital. He state that the more we chop down our forests and sell off our minerals and use up the fertility of our soils, the more our Gross National Product increases. We only take what we want from the earth and leave behind toxic chemicals dumps, polluted streams, oil slicks on the oceans, and nuclear wasted that will be deadly for tens of thousands of years. The economy is sub-system of the biosphere, and its rapidly running up against the limits of the largest system. Since 1950, the concentration of carbon dioxide in the atmosphere has climbed by more than it did in the previous two