Explain the circumstances under which an increase inpensions and child benefit would (a) Increase national income; (b)

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Explain the circumstances under which an increase inpensions and child benefit would
(a) Increase national income;
(b) Leave national income unaffected;
(c) Decrease national income.

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Economics

ISBN: 978-0273721307

7th edition

Authors: John Sloman, Alison Wride

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Question Posted: Nov 18, 2013 09:36 AM

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Explain the circumstances under which an increase inpensions and child benefit would (a) Increase national income; (b)

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Firstly we will have to understand what national income is Nation...View the full answer

Economics

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