Alcohol (Teen FAQ - Britannica Digital Learning) by Anne Rooney

By Anne Rooney

Alcohol provides the instantly evidence approximately alcohol, addresses teenagers' issues, and gives aid for somebody stricken by an alcohol challenge. .

Age diversity: eleven and up
Grade point: 6 and up

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17 Economists in the OECD and in various national statistical offices agree it ought to be included somehow in the National Accounts statistics. The difficulties they encounter in bringing even that under the measuring rod of money is a harbinger of even greater troubles to come in applying their measuring rod yet further afield. The measuring rod of money is not the only one possible. 18 In many ways it is a more natural metric. As we have already observed, everyone has exactly 24 hours in a day.

16 Introduction Of course, the ‘Tax Freedom Day’ methodology constitutes a very partial (as well as, obviously, a very partisan) measure of tax burdens. It takes account of the taxes people on average pay; but it takes no account of the benefits that people receive from government, or the time it would take them to earn wages equivalent to those public transfers that they receive. Tax Freedom Day is calculated as if all the money collected by the tax office just vanished into thin air. In chapter 2, we suggest procedures for calculating the temporal impact of state taxing-and-spending in a more even-handed way.

In the last decade of the twentieth century, just under 10% of people in the OECD lived in poverty, on average, and poverty rates in Australia and Germany, for example were very close to that. 48 We know, however, that those poverty statistics do not tell the whole story. One important fact that they elide is how many hours (indeed, how many jobs) some people have to work to avoid poverty. 50 If a country keeps people out of poverty only by making them work inhumanely long hours, that too would be a pretty poor performance.

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