The 8th Voyager

Malaysia is likely to apply Goods and Services Tax (GST) on 1 April 2015 at the original rate of 6%. The cost of a complete lot of things will be affected, including investment vehicles and products. I believe nowadays everyone deals with banks. How the GST will impact our deposit, interest, loan, credit card, bank charges, etc.? Refer to the desk below.

The next of our concerns is our investment in the neighborhood currency markets and device trust funds. The brokerage and clearing fee shall be affected, but not the stamp duty. The effect on unit trust money is more severe, so your finance manager must work a lot more harder to bring you a good revenue after minus all the charges and fees and today the additional GST imposed. Think about insurance policies? Your high quality paid to education and life procedures will never be enforced with GST, but it seems that most if not absolutely all other insurance policies are affected.

How can output be measured in order to also measure this, or should the true number of homes offered be the way of measuring output? How is a value to be positioned on access 80 channels, rather than 20? Does what’s labeled in the National Income Accounts “investment” include what it will?

Investment goods differ from consumer goods for the reason that they aren’t straight consumed. Investment goods are things such as tools, equipment, structures, etc. The objective of those acquiring them is not direct intake, but indirect intake, that is, to use them to create things that are straight consumed and more investment goods. Investment goods means a similar thing as capital goods, that is, real capital.

The productivity of the resources used to produce goods and services is measured by the worthiness of the output made by a resource in accordance with the price of that resource. Thus, the efficiency of workers is measured by the worthiness of output in accordance with the cost of labor. Investment is evaluated on the basis of the rate of come back earned onto it, that is, income to the amount committed to capital goods. More and better capital makes it possible to produce more. In the previous case, it is because there is more of it.

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In the second option case, this is due to the reality that it is more successful. Computers counts as investment; computer software does not unless its cost is roofed in the price tag on the hardware can be used with. Homes count number as investment, but durable goods purchased by consumers do not.

Modern technology has made it both very difficult to measure much of the nation’s result and how productive its workers are. FedEx provides a good exemplory case of such a situation. It’s been estimated it costs FedEx 75 cents or even more when a customer calls on the telephone to inquire about their shipment.

Recently FedEx established a site on the Web that enables a person to enter an airbill number and determine their shipment’s status. It is estimated that FedEx can cover the capital expenditure required to establish this alternate method of handling customer inquiries in four a few months. Many economists think that productivity growth is inaccurately measured because no acceptable method has been developed to measure efficiency increases in services.