Universities needed an income surplus of between 3% and 4% a year "for reinvestment and to fund future developments".
But the freedom to innovate and set management structures would belong to the workers, as would any surplus income they generated.
ECONOMIST: David Cameron searches for his ��council house�� moment
His strategy is to streamline their finances, eliminate debt, and cut down administrative costs so that any surplus income can be spent on the arts rather than the suits.
However, the Central Bank hands back its surplus income to the Irish Exchequer, so these interest payments can be considered a circular transaction in which interest is handed over to the Central Bank to eventually be handed back to the Irish government.
According to the report, a surge in the petroleum import bill and a decrease in the surplus on income accounted for the deficit's increase.
He formed the Housing Partnership in 1982 to work with public agencies and private developers on middle-income housing, mostly on surplus city-owned land.
The UAE has an open economy with a high per capita income and a sizable annual trade surplus.
Unlike the goods and services prices index, the GDP deflator measures change In compensation of employees, operating surplus (including mixed income), and consumption of fixed assets arisen from changes in prices and nominal net taxes.
Firms can include this pension surplus as a credit in their income statements.
In the Keynesian national-income identity, G represents government spending, not the budget surplus.
And there was a major spending reduction in the wake of the income-tax increase Clinton is famous for, with the budgetary surplus implying future tax cuts.
The private sector thrived, jobs were created, the middle class grew -- its income grew -- millions rose out of poverty, we ran a surplus.
Third, the lower the interest rate the lower US net income payments to foreigners and hence the more likely the US is to move to a current account surplus.
Ironically, the turning-point came earlier this year, when it was suggested that, as the supply of Treasury bonds dwindles thanks to the federal government's surplus, mortgage-agency debt could replace them as the benchmark used for pricing other fixed-income securities.
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