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Seignorage is one of the ways a government can increase revenue, by deflating the value of its currency in exchange for surplus revenue, by saving money this way governments can increase the prices of goods. [citation needed] Under a federalist system, sub-national governments may derive some of their revenue from federal grants. [citation needed]
Previous government estimates had placed the 2005-06 budget surplus as $2.8-billion, however rising oil and gas prices had inflated this number to approximately $6.8-billion. The prosperity bonuses would total approximately $1.4-billion or 20 percent of the province's $6.8-billion surplus.
Dec. 3—News headlines say Maine has another "budget surplus." While it's true that the state has a flush bank account, it also has a stack of unpaid bills waiting in the mailbox. State officials ...
Surplus product (German: Mehrprodukt) is a concept theorised by Karl Marx in his critique of political economy.Roughly speaking, it is the extra goods produced above the amount needed for a community of workers to survive at its current standard of living.
The reserve funds for Social Security and Medicare programs will last longer than previously thought — thanks to a faster and stronger-than-expected recovery from the 2020 pandemic-induced ...
Producer surplus, or producers' surplus, is the amount that producers benefit by selling at a market price that is higher than the least that they would be willing to sell for; this is roughly equal to profit (since producers are not normally willing to sell at a loss and are normally indifferent to selling at a break-even price).
The paradox of thrift formally can be well described as a circuit paradox using the terms of Balances Mechanics developed by the German economist Wolfgang Stützel (German: Saldenmechanik): It is about saving by cut of expenses, which always leads to a revenue surplus of the individual, so to saving of money. But once the totality (in the ...
The Federal Surplus Commodities Corporation was one of the so-called alphabet agencies set up in the United States during the 1930s as part of President Franklin D. Roosevelt's New Deal. Created in 1933 as the Federal Surplus Relief Corporation , its name was changed by charter amendment on November 18, 1935.