11. Simple mathematics demands that population growth be less than economic growth if real per capita incomes are to rise. 12. The average income here is far less than the national average. 13. The balance of payments gets better precisely because incomes are down and people can not afford to buy imported products. 14. The extra income is not the only reason. 15. The fundamental cause of higher volatility, however, is that dividend income is in Decline. 16. The main problem in economic terms is that net farm incomes are substantially lower than for other farm enterprises and types. 17. The reverse, Adibi said, is true for those whose income is too low to play the Market. 18. Their income is higher than their applicable amount. 19. This income should be free of tax. 20. Thus income is a major determinant of the demand for a product. |