Preacher N Jelly Bomb - Talk About Money lyrics

[Verse 1: The Notorious Fat Sensei, Preacher N Jelly Bomb] Y'all know me, GDP But I been low key Hated on by most these countries With no deals, no G's. Oh please! No wheels and no keys No boats, no snowmobiles, and no skis Without money, you suddenly can't Provide your fam with groceries Another hard fact; Norwegians are forced to pay income tax 'cos their country is lead by jacks Whose campaign was not funded by super PACs Did y'all think this was gonna be a breeze? Oh please! We'll take your tax money with ease Like thieves 'cos that's Norway's policy GDP only serves one purpose To calculate all value of goods and services But how do you find GDP? Y= C+I+G+NX It's quite remarkably complex C is for consumption I stands for investment G is for government purchases - of goods and services While NX is a nation's total net exports It's calculated by subtracting a country's Total exports from its imports If your imports exceed your exports it's called a trade deficit Trade surplus is the completely opposite Norway's GDP is at 500 billion dollars That's enough to buy 2000 Westland choppers Divide all this by the countries population And you have the GDP/capita So dear y'all, all of y'all Y'all better to listen to the GDP If you don't you gonna have to mess with me [Hook: The Notorious Fat Sensei, Preacher N Jelly Bomb] Norway's economy is so interesting 'cos you get to talk about bling But it might be a little difficult to learn about So let us help you out And talk about money Norway's economy is so interesting 'cos you get to talk about bling But it might be a little difficult to learn about So let us help you out And talk about money [Verse 2: Preacher N Jelly Bomb] Here is another term you shall know; Circular flow It's quite complex so lets take it real slow Circular flow is a model that indicates how money and goods is transferred among producers and consumers If you still don't understand a tiny bit Here is a diagram to show it (Shows diagram) Function of households is to supply domestic firms with needed factors of production And if you work in the field That studies the behaviour of the aggregate economy You're a macro-economist Inflation and deflation Those are both things that affect our nation Deflation is the disinclination of the general level of prices within an economy when you need less money Inflation is the fixation of prices slowly rising, surprising? [Hook: The Notorious Fat Sensei, Preacher N Jelly Bomb] Norway's economy is so interesting 'cos you get to talk about bling But it might be a little difficult to learn about So let us help you out And talk about money Norway's economy is so interesting 'cos you get to talk about bling But it might be a little difficult to learn about So let us help you out And talk about money [Verse 3: The Notorious Fat Sensei] Now I'm going to talk about market basket. Listen to me or I'll put you in your casket. MB is the common goods of an average household, listen to this song and see what it withholds The last thing we need to talk about in this track is tax A tax is a financial charge imposed upon a taxpayer by a state Every country has a different tax rate Norway's tax rate is at 39 percent But before you whine like Honey Boo Boo High taxes can be good for you too Tax money is spent on things such as education, health care, roads and public transportation This is all something that helps Norway Now and for future generations There are 3 types of tax; Sales, progressive, and flat Progressive tax is the one used in Norway and its A tax in which the tax rate increases as the taxable amount Increases Lets picture a scenario. If you had ten dollars and the progressive tax rate was ten percent, they would take back 1 dollar This song is almost over and we hope we taught you well Norway's economy in a nutshell [Hook: The Notorious Fat Sensei, Preacher N Jelly Bomb] Norway's economy is so interesting 'cos you get to talk about bling But it might be a little difficult to learn about So let us help you out And talk about money Bibliography Aircraft Compare. (n.d.). Agusta Westland AW101 Merlin. Retrieved November 23, 2015, from Aircraft Compare: Aircraftcompare.com,. 'Welcome To Aircraft Compare'. N.p., 2015. Web. 25 Nov. 2015 CIA. (n.d.). Norway. Retrieved November 17, 2015, from CIA World Factbook: https://www.cia.gov/library/publications/the-world-factbook/geos/no.html Cooper, Z. (n.d.). Norway's Economy. Retrieved November 7, 2015, from Norway's Economy The circular flow of income. (n.d.). The circular flow of income. Retrieved November 17, 2015, from EconomicsOnline: http://www.economicsonline.co.uk/Managing_the_economy/The_circular_flow_of_income.html TradingEconomics. (n.d.). Norway Personal Income Tax Rate. Retrieved November 17, 2015, from TradingEconomics: http://www.tradingeconomics.com/norway/personal-income-tax-rate