Ebenezer scrooge promoted economic growth

Assignment Help Accounting Basics

Reference no: EM131110905

This feature claims that Ebenezer Scrooge promoted economic growth more when he was a miser and saved most of his income than when he reformed and began spending freely. Suppose, though, that most of his spending after he reformed involved buying food for the Cratchits and other poor families. Many economists believe that there is a close connection between how much very poor people eat and how much they are able to work and how productive they are while working. Does this fact affect the conclusion about whether the pre-reform or post-reform Scrooge had a more positive impact on economic growth? Briefly explain.

Reference no: EM131110905

Questions Cloud

Fixed and random factors in design of experiments : Explain the differences between fixed and random factors in Design of Experiments (DoE).

What interesting or helpful about this view : Explain your answers to the "believing" questions about the three (3) premises opposing your position from the Procon.org website. Examine at least two (2) types of biases that you likely experienced as you evaluated the premises for and against ..

Information from the whole foods market case : Given the background in the above paragraphs, address the questions listed below. To address the questions adequately you need to look up additional information from the Whole Foods Market case, Internet sources and other sources available to you.

Identifying strengths-be it in your individual clients : Identifying strengths-be it in your individual clients, groups, families, and communities-is a key social work value. Use of this strengths perspective helps you to identify the potential strengths of a community and how to advocate for its member..

Ebenezer scrooge promoted economic growth : This feature claims that Ebenezer Scrooge promoted economic growth more when he was a miser and saved most of his income than when he reformed and began spending freely.

A budget places a legal limit on expenditures : For governmental agencies, a budget places a legal limit on expenditures. As employees are asked for input into the budgeting process, what types of biases are likely to be encountered? Explain why these biases exist.

Important for buyers of active-wear : What is your evaluation of the women's apparel industry and Harrington's market position? What is your analysis of Harrington's financial performance? How well does active-wear fit with consumer needs? What purchase criteria are important for buyers ..

What is the term for the substances : What is the term for the substances that undergo a change in a chemical reaction and Balance the following chemical reaction by placing the proper coefficients in front of each reactant and in front of the product.

Considering investing in its own transport fleet : Your company is considering investing in its own transport fleet. The present position is that carriage is contracted to an outside organization. The life of the transport fleet would be five years, after which time the vehicles would have to be d..

User Account

All Pages