Transfer payments, Managerial Economics

Transfer Payments

Are any payments made to households by the government that are not made in return for the services of factors of production i.e. there is no Quid pro Quo.  Such payments do not lead directly to any increase in output and for this reason they are not included in the nation GNP.

Posted Date: 11/28/2012 6:42:03 AM | Location : United States







Related Discussions:- Transfer payments, Assignment Help, Ask Question on Transfer payments, Get Answer, Expert's Help, Transfer payments Discussions

Write discussion on Transfer payments
Your posts are moderated
Related Questions
Types of Public Debt Public debts can be classified according to the purpose for which the money was borrowed into; a.           Reproductive Debt:  where a loan has been

Define the Managerial economics Managerial economics is thus a study of application of managerial skills in economics. It assists in determining, anticipating and resolving po

A monopolist faces a straight line demand curve which passes through the point Rs 10 per ton on the price-cost axis and through the point 8000 tons on the quantity axis. The fir

Generate a computer code to simulate the following solidification situation during a casting process: The material is a well-known polymer known as PEEK (polyetheretherketo

Explain the short-run production function with one variable input with the help of assumed figures. Clearly indicate the three stages of physical product, using table and graphs.

The use of arc elasticity in economic analysis involves a good deal of chariness since it is capable of being misinterpreted. Arc elasticity coefficients vary between the same two

explain the supply function and importance of supply analysis in brief

Ask questiHow does economic theory contribute to managerial decisions? on #Minimum 100 words accepted#

Opportunity cost is cost of a different that must be forgone in order to pursue a definite action. Put another way, the advantages you could have received by taking an alternative

THE COMPANY WOULD TO INCREASE THE PRICE OF STEEL IT SELLS BY 6% THE MANAGEMENT FORECAST ED THAT INCOME WILL RISE BY 4% NEXT YEAR AND THAT PRICE OF ALUMINIUM WILL FALL BY 2%. IF THE