Income inequality has been a point of discussion since the time of ancient Greek philosophers and is an increasing concern today for many Americans. Income inequality means that the money people earn is unevenly distributed among the total population. Personal income can be categorized in…
A Raisin in the Sun is an all-time classic and has been around since 1959. This book was written by Lorraine Hansberry and inspired by a poem named “Harlem” by Langston Hughes. Both “Harlem” and A Raisin in the Sun are about African-Americans in the…
Is raising the minimum wage the right move? Ontario is the second province to move from $11.40 per hour towards a minimum wage of $15.00 per hour. According to News Ontario, “By October 2017, the general minimum wage will have increased by almost 70 per…
It is quite common for someone to look at a problem and try to solve it with momentary solutions for they seldom look past the apparent indications of that specific problem. It is much easier to quench the thirst of several hundred people temporarily and…
Compensating employees through financial payments in exchange for their labor and time is how wages are defined. An hourly rate of pay is determined as the amount of compensation paid to an employee in return for their services. The rate at which the employee is…
Introduction Money is an item that is accepted generally through trading and acts as to identify the value of a specific thing (Crowther n. d. ). Money is a very significant thing to the individuals and it also runs the society, having a lot of…
Companies have woken up to the importance of digital data in their business, as well as the new business opportunities that data gathering and analytics present. They’ve started to understand and identify what valuable data that they possess. They’re collecting it, analyzing it and using…
The proposed tax measure I will discuss is the increase in the income level at which the higher rate (40%) of income tax is charged. In the 2018 budget the band for the higher rate of tax was increased by €750 to €34,550. It is…
Tap and pay method known to be convenient as we just literally “tap and pay” using the credit card or octopus card without keying in a PIN, especially for the octopus card does not require us to sign a receipt, which cost and time are…
Regulation is of paramount importance when there are natural monopolies in the society, since the existence of monopolies alone is costly to the society due to deadweight losses from mark-up pricing. Laffont (1994) describes regulation as two-fold using the incentive-pricing dichotomy and divided the regulation…
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