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Engel Coefficient

cashback forex Coefficient Consumption structure determ cashbackforexpipcalculatores the quality of life How do we evaluate the living st cashback forex profit calculatorard of a person or a family? The most direct way forexcashbackprofitcalculator to look at the quality and grade of his clothes, his living conditions, the brand of car he owns, the cost of three meals a day, whether he has made foreign exchange investments, whether he often bursts out of high-class consumption places and how many countries he has traveled, etc. We know that the consumption items are too complicated to be broken down, and peoples consumption choices vary greatly according to their own preferences. If the standard of living of the residents of a region and a country is to be measured, a relatively simple and accurate scientific measurement method is needed. The Engel cashbackforexprofitcalculator is a standard that is usually used internationally to measure the standard of living of people In the mid-19th century, German statistician Engel studied the changes of consumption structure according to statistical data and deduced and proved a law: the proportion of expenditure on food in the total expenditure and the household income are inversely proportional, that is to say, the lower the income of a family, the larger the Engel coefficient; with the increase of household income, the Engel coefficient is greater. As the income of a family increases, the Engels coefficient decreases. People call this law derived by Engel "Engels law". When the income level is very low, the most important problem to solve is to fill the stomach, "food" inevitably occupies an important position in the consumption expenditure As the income increases, on the basis of filling the stomach, the focus of consumption will begin to shift to other aspects such as clothing, use, etc. "All day long, we are busy only for hunger, only to have food and think about clothes to put on the silk and linen, and raise our heads, but also suspected of low housing Although "Ten Deficiencies" by Zhu Zaiyu of Ming Dynasty is a scattered song reflecting unlimited human desires, it is not difficult to see the importance of food in the beginning and the change of consumption structure after food and clothing are solved. It is the proportion of food expenditure in the total amount of consumption expenditure, that is, the proportion of the familys expenditure on food in the total expenditure, expressed as a percentage, and the coefficient is between 0 and 100%. "If a family spends less money on food as a percentage of their total living expenses, the smaller the Engel coefficient is, the more they spend on other pleasures, and the quality of life is relatively high. Our national statistics bureau publishes the Engel coefficient for urban and rural households every year, which reflects peoples quality of life and, by extension, we say that the poorer a country is, the larger the proportion of each national average consumption expenditure used to buy food. According to Engels law, the decline of Engels coefficient is an important sign of a countrys economic development and the improvement of peoples living standard. 13,785.5 yuan, Engels coefficient has dropped from 57.5% in 1978 to 39.4% in 2000, and has dropped to 36.5% in 2009 The Engels coefficient of rural households is also not weak, from 67.7% in 1978 all the way down to 49.1% in 2000, and has dropped to 41.0% in 2009, we see that although it is still higher than Urban residents are still higher, but the quality of life has improved greatly We simply look at the figures, according to the standards of the UN Food and Agriculture Organization, the life of rural residents in China has entered the well-off at the beginning of the new century, and the life of urban residents has also entered the affluent stage, the consumption structure to developmental and enjoyment-oriented upgrade The problem is that digital affluence often encounters the reality of poverty Officially, it is declared that China currently has 15 million In the face of the contradiction between numbers and reality, some people cannot help but ask: "Is the Engel coefficient in China Is it out of order?" Some scholars in our country believe that the Engel coefficient is far from being adapted to our national laziness because very often, Chinese peoples food is squeezed out of a family that bears the burden of education and medical care, and saving on food expenses cannot be considered rich at all. The Engel coefficient is difficult to reflect the real state of affluence of our people, and the Engel coefficient to judge the living standard is only a glimpse of the panther. According to the data from the International Center of the National Bureau of Statistics, the proportion of miscellaneous goods and services, entertainment and other consumption in China is still much lower than that of the major developed countries in the world. 20% of the income of Americans is spent on entertainment and leisure, while only 3.5% of the average income of Chinas urban population is spent on services and entertainment and other miscellaneous items, and the proportion of the rural population is even less, only 2.13%, so we still have a considerable gap.