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  2. Mandatory spending - Wikipedia

    en.wikipedia.org/wiki/Mandatory_spending

    Transfer payments to (persons + business) in the United States. The United States federal budget is divided into three categories: mandatory spending, discretionary spending, and interest on debt. Also known as entitlement spending, in US fiscal policy, mandatory spending is government spending on certain programs that are required by law. [1]

  3. Welfare economics - Wikipedia

    en.wikipedia.org/wiki/Welfare_economics

    Welfare economics is a field of economics that applies microeconomic techniques to evaluate the overall well-being (welfare) of a society. This evaluation is typically done at the economy-wide level, [1] and attempts to assess the distribution of resources and opportunities among members of society. The principles of welfare economics are often ...

  4. Cost–benefit analysis - Wikipedia

    en.wikipedia.org/wiki/Cost–benefit_analysis

    Cost–benefit analysis is often used by organizations to appraise the desirability of a given policy. It is an analysis of the expected balance of benefits and costs, including an account of any alternatives and the status quo. CBA helps predict whether the benefits of a policy outweigh its costs (and by how much), relative to other alternatives.

  5. Subsidy - Wikipedia

    en.wikipedia.org/wiki/Subsidy

    Subsidy. A subsidy or government incentive is a type of government expenditure for individuals and households, as well as businesses with the aim of stabilizing the economy. It ensures that individuals and households are viable by having access to essential goods and services while giving businesses the opportunity to stay afloat and/or ...

  6. Research & Experimentation Tax Credit - Wikipedia

    en.wikipedia.org/wiki/Research_&_Experimentation...

    Eligible expenses. The eligible expenses or qualified research expenditures include four types of expenses. The quantification of each of these varies based on each company's accounting methodologies. Wages. 41(b)(2)(D)Wages for in-house research and development activities usually constitute the majority of expenses eligible for the credit.

  7. Pass-through (economics) - Wikipedia

    en.wikipedia.org/wiki/Pass-through_(economics)

    Pass-through (economics) In economics, cost pass-through (also known as price transmission [1] or simply pass-through [2]) is a process (or result) of a business changing pricing of its output (products or services) to reflect a change in costs of its own input (materials, labor, etc.). [3] The effect of passthrough is quantified as passthrough ...

  8. Benefit principle - Wikipedia

    en.wikipedia.org/wiki/Benefit_principle

    Benefit principle. The benefit principle is a concept in the theory of taxation from public finance. It bases taxes to pay for public-goods expenditures on a politically-revealed willingness to pay for benefits received. The principle is sometimes likened to the function of prices in allocating private goods. [1]

  9. The next recession will be hard on your wallet, but it could ...

    www.aol.com/finance/next-recession-hard-wallet...

    Retirees particularly benefit from recessions Good news, seniors: the next recession could extend your life. The researchers discovered that mortality reduction was also particularly felt by those ...