Qualification > Commerce
ALL ECONOMICS DISCUSSION, PAPERS HELP HERE!!
Freaked12:
--- Quote from: Ari Ben Canaan on June 08, 2010, 03:01:25 pm ---To redistribute income what should the government do beside imposing higher progressive taxation and indirect taxes on luxury goods ?
The MS says something about subsidies and grants ??? What do they mean ?
Please help !
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Subsidies are the form of financial assistance given by a government to a business organization to achieve it's aim of for example locating in a area of high unemployment.
By giving subsidies the cost of production goes down and as a result Supply curve shifts to the right.Increased production will require more workers so employment goes up.This raises aggragate income of the country and thus the aim of income redistribution is achieved.
Freaked12:
--- Quote from: J.Darren on June 08, 2010, 03:04:28 pm ---Male / Female, 0 - 5, 5 - 10 ... 55 - 60 and 60 +
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and on the x-axis what should we write.
Population parameters ?
thankYou By the way :)
elemis:
@Freaked12 Thanks !!!!
elemis:
--- Quote from: Freaked12- on June 08, 2010, 03:06:43 pm ---and on the x-axis what should we write.
Population parameters ?
thankYou By the way :)
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Percentages
Freaked12:
--- Quote from: Ari Ben Canaan on June 08, 2010, 03:08:44 pm ---Percentages
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like this
|11-15|
|6-10|
_______________________ |0-5|______________________
30% 20% 10%
etc
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