0
Fiscal Drag : Fiscal drag Fiscal drag refers to the effect inflation has on average tax rates. If tax allowances are not increased in line with inflation, and people's incomes increase with inflation then they will be moved up into higher tax bands and so their tax bill will go up. However, they are actually worse off because inflation has cancelled out their pay rise and their tax bill is higher. The only person that is better off is the Chancellor as he is getting more tax and hasn't had to increase tax rates. Chancellors have been known to use this as a subtle means to raise more tax revenue. To maintain average tax rates, allowances should be increased by the amount of inflation each year.
What else can I help you with?
Why a more streamlined car generally will have better fuel economy than a bulkier car that has the same mass?
Streamlining lowers drag and turbulence around the airfoil. Drag and turbulence take away from an object's efficient passing through a medium. That inefficiency results in higher fuel consumption as the greater drag is overcome, all other things being equal. It's no accident that race cars are built like they are.
What is deficit fainancing?
Borrowing by a government agency to make up for a revenue shortfall. Deficit financing stimulates the economy for a time but eventually can become a drag on the economy by pushing up interest rates
Why does Walmart exist?
because if wal-mart did not exist many people would die of starvation due to the fact that they are to stupid to understand that there are other places that you can drag your drunk self to buy every day goods, that is why wal-mart exists or it exists because it keeps the flying pie monster at bay with the money they get
Can someone really curve a bullet?
Not like you've seen in some movies. There are things that CAN cause a bullet to curve, but its usually an artifact in manufacturing, like an imbalance, or an unequal aerodynamic drag. All other things being equal, the direction the muzzle is pointing when the bullet leaves the barrel determines the direction the bullet will travel; a ballistics arch from that point to where it impacts.
What are the advantages of a price ceiling?
price ceilings causes black markets to develop.the best example being of rationing where in suppliers start selling the materials meant for ration at higher prices illegaly.Price ceilings do NOT cause black markets, as price ceilings set the price lower than would be "natural" in a pure capitalistic system, and black markets appear only when the "normal" price of a good is more than what people are willing to pay for it. Black markets also tend to appear when rationing is in place, but price ceilings, while they are often used in conjunction with rationing, do NOT require rationing to be implemented.THe major consequences of price ceilings are that the producers of the goods under the ceiling are not getting the full compensation they are due. This interrupts the normal feedback loop between price and availability (demand vs supply) that is critical for a capitalistic system to have to achieve "optimal" efficiency. Here are some of the consequences for that lack of efficiency:Consumers, able to pay far below the "natural" price for the good, over-consume. That is, they buy far more of the item than normal, and thus are much less efficient in their use of the good.Producers suffer loss of income - unless the government makes up the difference between the fixed price and the "natural" price of the good, the producer suffers a loss of expected income. The producer thus has less capital to make efficiency improvements, explore for new sources of the good, or, even to cover its standard operating costs.Governments may be forced to pay producers, if the actual cost to produce the good is more than the price ceiling, to prevent all the producers from going bankrupt.A good example of the harm that poorly-done price ceilings can have is the current situation of petrol (gasoline) for personal vehicles in Iran. The price is set far below "natural" (on the order of $1/gallon). This means that people have very little incentive to chose alternate forms of transportation (such as bicycling, mass transport, etc.), and will chose to drive in many situations that are for convenience only, not economically useful. They thus have a far higher gasoline consumption per capita than many comparable economies. Iranian gasoline producers receive huge subsidies from the government, but still barely enough to cover the cost difference between production costs and retail price. This means that the Iranian petroleum industry cannot invest in any new refineries or technology, leaving the whole industry stagnant and inefficient. Finally, the massive subsidies that the Iranian government must pay to the petroleum producers (just to keep them in business) is a significant drag on their national budget, taking money from other services.
What is the difference between form drag and pressure drag?
There is no difference between the two. It is also called profile drag.
What is the difference between a drag queen and a gay man?
Makeup and women's clothing is the difference most of the time. The other drag queens would be transsexuals. They are considered t-girls and not men.
Which button do you press to get boost in drag racer v3?
n button
What is the difference between petting and patting?
Petting is like when you drag your hand across and patting is when you hit it lightly.
What is the difference between drag slicks and formula 1 slicks?
No technical difference other than compound and size. Slick is just that there are no grooves in the surface (No tread).
What is the difference between drag and velocity in the context of physics?
In physics, drag is a force that opposes the motion of an object through a fluid, like air or water. It acts in the opposite direction of the object's velocity. Velocity, on the other hand, is the speed of an object in a specific direction. So, the main difference is that drag is a force that hinders motion, while velocity is the speed and direction of that motion.
What is necessary for charges to flow between two points?
Either potential difference (apply voltage) or energy input (drag the charged particle)
What is the difference between a long rocket fin and a short rocket fin?
A longer fin has increased aerodynamic drag. The geometric relationship between the drag caused by the fins and the center of gravity of the rocket determine the stability of the rocket in flight. Less aerodynamic drag means the rocket can go higher or farther, but it also means the rocket is less stable in flight. This tradeoff has to be considered in the design of the rocket.
What is the relationship between drag and velocity in a drag vs velocity graph?
In a drag vs velocity graph, the relationship between drag and velocity is that as velocity increases, drag also increases. This means that the drag force acting on an object moving through a fluid (like air or water) becomes stronger as the object moves faster.
What is the difference between drag and friction in terms of their effects on the motion of an object?
Drag is a force that opposes the motion of an object through a fluid, like air or water, while friction is a force that opposes the motion of an object on a surface. Both drag and friction slow down the motion of an object, but drag specifically affects objects moving through a fluid, while friction affects objects moving on a surface.
What is the dfference between lift and drag?
drag you pull across the ground lift you pick up and take around
Are drag forces contact or non contact forces?
Drag forces are contact forces, as they act between a solid object and a fluid (such as air or water) that it moves through. The drag force arises due to the interaction between the object and the fluid surrounding it.
