Welfare payment is an amount of money that is paid by the government to
someone who is ill,poor. Consumer subsidies is a grant assistance given
by one part for support
welfare payment is the amount of money paid by the goverment regularly
to assist the people of the country . it can be in a broader and
narrower sense. narrower sense reffers to the needy, ill, and
poor(social grant). the broader refers to everyone(public goods)
Answer:
The demand curve for wine shifts to the right
Explanation:
As per the forecast, there should be a decline in grape harvest. This induces the buyers to purchase more quantity of grapes in an anticipation of decline in future harvest which would eventually make grapes costlier than now.
Production of wine depends upon the availability of inputs. Grape being one of the necessary inputs. This means if in future, price of grapes rise, the production of wine would be costlier, which would raise the price of wine.
As a consequence of such an announcement, the wine market would experience an immediate increase in demand for wine which would shift the demand curve to the right.
Answer:
annuity
Explanation:
Retirement annuities are helpful because they can guarantee a steady income during your retirement years. They can be either fixed retirement annuities (they provide a fix amount of money until you die) or variable annuities where the amount of money depends on how well your investments perform.
Answer: 3200 tonnes
Explanation:
Rice production in 2001 = 1000 tonnes, which represented a 25% of total food gain in 2001.
Total food grain production in 2001
= 1000 × 100 / 25
= 4000 tonnes
In 2002 production of rice decreased by 4%
= 1000 - 1000 × 4 ÷ 100
= 960 tonnes
Total food grain production in 2002
= 3200 tonnes
Don's monthly social security benefit is $772.73.
Let Don's monthly social security benefit be 'x'.
Don and Maria's monthly drawing from Savings =$500.
Maria's social security = 120% of Don's social security.
Total income = $2200.
So,
