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none, taxation is not necessary, it is based on the theory that slaves become lazy if they are not required to work in excess of 40 hours a week, taxation, criminals roaming the street are all ploys by the controllers to deprive the productive of their labor, the deficit is nothing more than the transference of that labor to the wealthy in an immoral way. it is interest on a negative economy and negative life system
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Will reducing the government's budget deficit will certainly increase economic growth?
Over the last 50 years or so, the rate of growth of average working hours has been mostly negative.
Are there types of economic growth?
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
An economic is a time of fast economic growth?
An economic growth_______ is a time of fast economic growth
What are the distinctions between economic growth and economic development?
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
What is a period of economic growth called?
A period of economic growth is an economic boom
How internal deficit financing hasten the country's economic growth?
It will likely increase the country's short-run economic growth, given that adjustment to increased deficit spending (assuming it is inefficient, in this case) causes a deadweight social loss from redistribution, but lower its long-run growth.
What condition is called budget deficit?
A budget deficit occurs when certain entities spend more money than they take in. This will result in a negative economic growth. An accumulated flow of deficits will result in debts.
Will reducing the government's budget deficit will certainly increase economic growth?
Over the last 50 years or so, the rate of growth of average working hours has been mostly negative.
Is there any relationship between the Trickle Down Effect and the IMF policies?
Not really. "Trickle down effect" suggests that more economic activity tends to promote economic growth, helping everyone to prosper. The International Monetary Fund generally doesn't favor growth; that's why they always support higher taxes, which retards economic growth.
Are there types of economic growth?
Types of economic growth: There are two types of economic growth: 1.Balanced Economic Growth 2.Un-balanced Economic Growth 1.Balanced Economic Growth: All the economic sectors are growing at same ratio or percentage,this growth is known as balanced economic growth. 2.Un-balanced Economic Growth: When some sectors of the economy are growing faster than others,and their rate of growth is different to each other,this growth is known as un-balanced economic growth.
Evaluate the view that growth in credit is likely to have an adverse effect on the uk's economic performance?
Difficult one...
Distinguish between domestic and international finance?
Finance is the process of transferring fund from surplus economic unit to deficit economic unit. Domestic finance is the process of transferring fund from surplus economic unit to deficit economic unit within a country. And International finance is the process of transferring fund from surplus economic unit to deficit economic unit when any of these units is located outside a national country.
similarities of economic growth and development?
economic growth
An economic is a time of fast economic growth?
An economic growth_______ is a time of fast economic growth
What are the distinctions between economic growth and economic development?
Economic growth is the growth of people which causes economic development, the growth/development of cities/towns. (i.e. businesses and buildings)
An economic what is a time of fast economic growth?
boom/growth
What are the stages in economic growth?
note on stages of economic growth
