Macroeconomics of Minimum Wage Draft: Do not quote MACROECONOMIC EFFECTS OF MINIMUM WAGE IN NIGERIA: A GENERAL EQUILIBRIUM ANALYSIS Abiodun O. Folawewo* Abstract This paper examines the macroeconomic effects of minimum wage (MW) policy in Nigeria using a static computable general equilibrium. Data for the study is drawn from year 2005 National Account of the country. The data is used to construct a 22 x 22 social accounting matrix (SAM) for the economy. The calibration exercise shows that the
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MID – TERM ASSIGNMENT S S 2 MATHEMATICS 1. Calculate the lengths marked x and y in the figures below. Give your answers in surd form. (a) (b) 2. The top of a building 24m high is observed from the top and from the bottom of a vertical tree. The angles of elevation are found to be 45o and 60o respectively‚ find the height of the tree. 3. A box contain ten marbles‚ seven of which are black and three are red. Three marbles are drawn one after the other without replacement. Find
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Quarterly update – December 2013 Final analysis by Nenad Pacek Business and economic outlook Nigeria • • • • • • • • • • • • • Executive summary Facts Economic fundamentals Strategic business importance Corporate sales and profit trends Growth trends and drivers Household consumption trends Gross fixed investment trends Government spending trends Currency outlook Interest rates and inflation outlook Political risks to be aware of Forecast table Contents
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REVENUE GENERATION IN LOCAL GOVERNMENT COUNCILS IN NIGERIA. A CASE STUDY OF OBAFEMI/OWODE LOCAL GOVERNMENT Submitted by DAIRO ISAAC KUNLE Dept. Of Economics‚ University of Ibadan RESEARCH PROPOSAL INTRODUCTION Local governments are potentially very important for Nigeria as they play a significant role in generating revenue and encouraging civil involvement‚ as well as creating a visible link between taxes and service delivery. The increasing cost of running government coupled with dwindling revenue
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BUDGETARY ALLOCATIONS: AN APPRAISAL OF BUDGET IMPLEMENTATION AND EFFECTS IN NIGERIA* By Prof. Aderibigbe S. Olomola Director‚ Surveillance & Forecasting Department Nigerian Institute of Social and Economic Research (NISER)‚ Ibadan PAPER PRESENTED AT THE NISER RESESEARCH SEMINAR SERIES (NRSS) HELD AT THE NIGERIAN INSTITUTE OF SOCIAL AND ECONOMIC RESEARCH‚ IBADAN SEPTEMBER 11‚ 2012 1 STATE BUDGETARY ALLOCATIONS: AN APPRAISAL OF BUDGET IMPLEMENTATION AND EFFECTS IN NIGERIA By Prof
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Act Name : THE FOREIGNERS ACT‚ 1946 Act title : ACT NO. 31 OF 1946* Enactment date : [23rd November‚ 1946.] THE FOREIGNERS ACT‚ 1946 ACT NO. 31 OF 1946* [23rd November‚ 1946.] An Act to confer upon the Central Government certain powers In respect of foreigners. WHEREAS it is expedient to provide for the exercise by the Central Government of certain powers in respect of the entry of foreigners into 1[India]‚ their presence therein and their departure therefrom; 1. Short title and extent. (1) This
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RESOURCE ALLOCATION Resource allocation refers to the distribution of resources‚ and in particular finance‚ from the centre to peripheral levels. It generally concerns broad levels of aggregated financial resources. Budgeting implies the more detailed determination of precisely how these funds are to be used. Given the importance we have placed on planning as a process that leads to action‚ budgeting and resource allocation are major planning instruments. Basis for Resource Allocation * Public
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Cost allocation for indirect costs Cost Pool – Set of costs that are added together before being allocated to cost objects on some common basis Cost Driver/ Allocation base Cost Object Cost Driver Rate = Total Costs in Pool/ Total Quantity of Driver Where total quantity of driver = practical capacity of driver Cost of excess capacity = Cost Driver Rate * Excess capacity Predetermined overhead rate - cost per unit of the allocation base used to charge overhead to products. Predetermined
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Apple Valley Family Practice July 2013 Cost Allocation Methodologies Prepared for Group Executive Committee Nadine Presented by Apple Valley Family Practice July 2013 Cost Allocation Methodologies Prepared for Group Executive Committee Nadine Presented by Introduction Apple Valley Family Practice is a medical practice with four locations in the Minneapolis/St. Paul area. The clinical staff consists of 20 physicians‚ all of whom practice in one or more areas of family medicine
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Running Head: FUND ALLOCATION Fund Allocation Grand Canyon University ED533 May 12‚ 2010 The finance systems for public schools throughout the United States are different from state to state. This is due to the property tax rate setup by the local school districts‚ local officials‚ and directly by the citizens in a certain area. Depending on the location and area of the schools and their districts‚ funding can be abundant or scarce in numbers. This means that if the school is located within
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