Using the Household income equivalence calculator, calculate the
Pep and Jose, in their 40s and 50s, respectively, are setting up home together in the North of England, along with Jose’s son, Alexis, aged 13. Jose’s dad helps with childcare, allowing Jose to work part-time. With his salary and child benefit, Jose has an income of £13,000 a year after tax and other deductions. […]
If you only had the trash from this household that had survived for
100 years have passed since the garbage from the household you examined in this group exercise was first deposited. Some materials (plastic, metal, etc.) can survive for 100 years in the ground. Other materials (paper, plant materials, etc.) cannot survive. If you only had the trash from this household that had survived for 100 years […]
Household debts
Read the two sentences below, from an analysis of trends in household debt published at the end of 2017. “Debt lets households smooth shocks and invest in high-return assets such as housing or education, raising average consumption over their lifetimes. However, high household debt can make the economy more vulnerable to disruptions, potentially harming growth.” […]
