AE 6.pptx powerpoint presentation for appied economics

applied economics subject

1. Thumbs up or thumbs down Low rental fees mean more businesses will be created. High interest in external borrowings attracts potential investors. Increase in minimum wage will increase the buying power of workers. High tax rates means less investors. Entrepreneurs always consider the following when making business decisions: rental fees, tax rates, minimum wage rate, amount of investment and the interest rate.

2. Wage refers to income received by professionals like teachers, doctors, lawyers and nurses. Loans and borrowings bear interest. Dole is a government agency authorized to review and regulate minimum wage in the country. Lease is the other term used for capital. Capital and fixed assets are examples of investment.