Essays on Jorgenson

Economic Growth

Economic growth is apparently defined as the process which stimulates and results to an increase in terms of the capacity regarding production of goods and the overall service. In essence, economic growth involves the comparison of the tremendous increase in terms of productivity over a given period of time. The key parameter used to determine the economic growth includes nominal terms, inflation in addition to real terms pertaining inflation (Lewis, 2013). Economic Growth has essential and parametric limitations in line with improving the overall living standards of people. In addition, the economic growth mainly depends on the channel of ...

Breadth area(s) that the topic is related to; This section covers the two broad areas relating to the topic which include;

The science/description breadth area How can you use the perspectives of these particular breadth areas to examine the topic of your research within its global context? I will analyze the global patterns of consumerism

THE PURPOSE OF THE STUDY

The section outlines the reasons for conducting the study. RESEARCH QUESTIONS This section captures five questions to be answered through the study. WORKING THESIS This section provides my anticipation as to what the answer to the research shall be. LITERATURE REVIEW In this ...

Introduction

Tax forms one of the major sources of government revenue; it contributes to economic growth and development as well as the overall prosperity of a country. Based on the method of collection, a tax system can be flat, regressive or progressive. The progressive tax system entails increasing taxes with an increase in individual or household income. The regressive system involves decreasing tax as income increases while the flat tax is a system where everyone pays the same tax irrespective of the income (Roach, 2003). The tax system adopted in a country depends on set objectives, its impacts on taxpayers, ...