Is an old age pensionar in the UK better off today or in 1965

Q: Jenny wishes to double her financial fund and the bank gives her 8% rate of interest annually, how…

A: Here, Jenny deposited its money in a financial funds at the annual interest rate of 8% and she wants…

Q: Does reducing purchasing power of a consumer decrease inflation in the economy?

A: Cost increases for virtually all goods and services in the economy are referred to as inflation.…

Q: 67. Suppose that there is a sudden drop in government spending. What happens to the economy in the…

A: Answer: If there is a sudden drop in government spending then the aggregate demand curve will shift…

Q: GST was first introduced in which country ?

A: GST was introduced in many countries to reduce the tax evasion.

Q: e government now spends over $700 billion a year on Social Security benefits. Why don’t we leave it…

A: Social security benefits provide some income for disabled individuals and their families and…

Q: The graph shows the market for lattes in which the government has imposed a tax of $6 per latte.…

A:

Q: Consider two neighboring island countries called Contente and Euphoria. They each have 4 million…

A: We are going to use Opportunity cost and Comparative advantage concept to answer this question.

Q: What is GST in Canada? How does it works? and it's Importance?

A: The Goods and Services Tax (GST) in Canada is a value-added tax introduced by the federal government…

Q: What is the purpose of a retirement plan and why does the government provide tax benefits to…

A: The objective of a retirement plan is to provide financial stability so that people can retire from…

Q: 3. Interest on debt Aa Aa Suppose that the debt to GDP ratio in a hypothetical country reaches 200%.…

A: Option a) is correct that is 40%

Q: How might deflation set off further delation

A: A deflationary spiral can be defined as a "downward price reaction to an economic crisis leading to…

Q: 28. Suppose you pay $54,000 for a bond with a face value of $50,000. If the bond has a coupon rate…

A: Coupon payment is the product of par value and the coupon rate.  Current yield = Coupon payment /…

Q: What actions by a bank increase the probability it may face a bank run? O It exercises caution in…

A: For the given question, the actions by a bank that increase the probability it may face a bank run…

Q: Suppose GDP in this country is $1,365 million. Enter the amount for investment. National Income…

A: GDP can be calculated by using 3 methods- Expenditure Method: GDP can be calculated by summing up…

Q: 1. Media Planning. GreenLawns provides a lawn fertilizing and weed control service. The company is…

A: Given  Total sales function S=-2R2-10M2-8RM+18R+34M       ........(1) S is the total sales (in…

Q: A government debt is the O accumulation of past deficits minus surpluses O the deficit for the…

A: Government budget is in surplus when government revenue is higher than government expenditure. i.e.,…

Q: What is the Times-Interest-Earned Ratio?

A: Times interest earned (TIE) ratio measures the ability of company to meet its debt obligations based…