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Explanation:People are a very CRITICAL resource in the production of GOODS and services.People should be developed through education, training and employment.When people are developed through education and training, their productivity increases.People helped out each other in the AUGUST 2019 FLOOD in Kerala.

Tax Exemption for Senior CitizensGoing by the definition, a senior citizen is an individual resident of India (man or woman) who is at least 60 years of age or more but less than 80 years of age. For the purpose of Income Tax calculation, this age is calculated as on 1ST of April of that financial year. This implies that any individual, man or woman, who was born before 1st April 1957 but after 1st April 1937 would be considered a senior citizen in India currently.In general, there is a difference in case of senior citizen in terms of the design of their salary structure, their income tax calculations and the pension ISSUED. In most of the cases, senior citizens are offered some additional BENEFITS such as senior citizen concession, senior citizen discounts or SUBSIDIZED cost structure. An important thing to note here is the way how the tax structure is designed for senior citizens and how their salary and tax computation is done.

tion:85 70 55 40 25 10 = 85 + 70 + 55 + 40 + 25 + 10 /6=285/6=47.514 30 74 94 100= 14 + 30 + 74 + 94 + 100 / 5=62.4

The GEF serves as "financial MECHANISM" to five CONVENTIONS, which are Convention on Biological DIVERSITY (CBD), UNITED Nations Framework Convention on Climate Change (UNFCCC), Stockholm Convention on Persistent Organic Pollutants (POPs), UN Convention to Combat DESERTIFICATION (UNCCD), and Minamata Convention on .Hope this will help you

1. sakal went to school and his several years of education added to the quality of labour2.he was physically strong and healthy. there was no need for him to visit the doctor frequently. thus,he didn't act as a burden for his family 3.sakal acquired a degree in cimputer programming and FOUND a JOB in a private firm.4.he even designed a new kind of software. this software helped him increase the sale of the firm.5.this enhanced his total PRODUCTIVITY,which ADDS to the growth of the economy. sakal's education,good health and LABOUR made him benefitial for the economy.IN THE CASE OF VILAS1. vilas didn't go to school,he was uneducated which affected his quality of labour.2. he was a patient of arthritis and lacked the means to visit the doctor, he didn't have health care in the early part of his life.3. vilas continued with the same work of his mother that is fishing, he earned a meagre income like his mother to support his family.4. he only earned rs 20 to 30 a day by selling fish and was not able to improve the conditions of his family.5. vilas not being educated,havong health problems and earning a little for his family didn't act as an asset for his family

ic objective of MPC is to set up the benchmarks ACCORDING to which all policies would work and be controlled. Hence this should take place in a very careful manner after analyzing few important factors. MPC should work hand-in-hand with the CPI in order to ensure that there is economic WELFARE for all and the first thing by which they should govern is by controlling the over excessive inflation rates. This will PUT everything in order and ultimately leads to social peace and well being. Prices should not be increased in an UNJUST manner and every action should be properly grounded and logically proven and supported well by CPI as well as MPC before being put to order.

The G8, reformatted as G7 from 2014 due to the suspension of Russia's PARTICIPATION, was an inter-governmental POLITICAL forum from 1997 until 2014.sorry dont know kannadaHOPE IT HELPS U MATE #FOLLOWME #markasbrainlist

tion:An international monetary system is a SET of internationally AGREED RULES, conventions and supporting institutions that facilitate international trade, cross border investment and generally the reallocation of capital between nation states. It should provide means of PAYMENT acceptable to buyers and sellers of different nationalities, including deferred payment. To operate successfully, it needs to inspire confidence, to provide sufficient liquidity for fluctuating levels of trade, and to provide means by which global imbalances can be corrected. The system can grow organically as the collective result of NUMEROUS individual agreements between international economic factors spread over several decades. Alternatively, it can arise from a single architectural vision, as happened at Bretton Woods in 1944.

economics, the law of DIMINISHING marginal UTILITY states that the marginal utility of a good or service declines as its available supply increases. ... The law of diminishing marginal utility is used to EXPLAIN other economic phenomena, such as time PREFERENCE.

In a system of flexible exchange rate, the exchange rate of a currency (like price of a good) is freely determined by forces of market DEMAND and supply of FOREIGN exchange. ... Therefore, the value of currency of each COUNTRY in TERMS of the other currency depends upon the demand for and supply of their CURRENCIES...

❤Hii mate.. The following are the properties of a PPC.The following are the properties of a PPC.i. Concave to Origin: PPC curve is concave to the origin. This is because of the increasing opportunity cost i.e. in accordance with the law of increasing opportunity cost.The following are the properties of a PPC.i. Concave to Origin: PPC curve is concave to the origin. This is because of the increasing opportunity cost i.e. in accordance with the law of increasing opportunity cost.ii. Increasing Marginal Rate of TRANSFORMATION: The slope of PPC (MRT) SHOWS, for the production of every ADDITIONAL UNIT of one good, more and more units of other good has to be sacrificed. In other words, as we move down along the PPC, the slope of PPC (or MRT) increases.The following are the properties of a PPC.i. Concave to Origin: PPC curve is concave to the origin. This is because of the increasing opportunity cost i.e. in accordance with the law of increasing opportunity cost.ii. Increasing Marginal Rate of Transformation: The slope of PPC (MRT) shows, for the production of every additional unit of one good, more and more units of other good has to be sacrificed. In other words, as we move down along the PPC, the slope of PPC (or MRT) increases.iii. Downward Sloping: PPC curve is downward sloping as more production of one good is associated with the decline in production of the other good.The following are the properties of a PPC.i. Concave to Origin: PPC curve is concave to the origin. This is because of the increasing opportunity cost i.e. in accordance with the law of increasing opportunity cost.ii. Increasing Marginal Rate of Transformation: The slope of PPC (MRT) shows, for the production of every additional unit of one good, more and more units of other good has to be sacrificed. In other words, as we move down along the PPC, the slope of PPC (or MRT) increases.iii. Downward Sloping: PPC curve is downward sloping as more production of one good is associated with the decline in production of the other good.iv. Optimum utilisation of resources: The points that lie on the Production Possibility Frontier are associated with full employment of resources and efficient utilisation of the available technology.

Conditions of consumers using equilibrium are as follows#Marginal UTILITY of money REMAINS constant#Law of diminishing Marginal Utility musthold GOOD implying that Marginal utility must decline as mire of a COMMODITY is consumedHOPE IT HELPS U MATE #followme #markasbrainlist

tion:Marginal costs are visible while OPPORTUNITY costs are not. Marginal COST is the cost INCURRED during the production of a unit or item while opportunity cost is the cost incurred during the consumer's CHOICE of which product to buy or usehope it helps u mate..

1 and 2 according to me OPTION aHOPE IT HELPS U MATE #followme #markasbrainlist

ATE ANSWER ⏬★Positive EconomicsPositive economics is a stream of economics that focuses on the description, quantification, and explanation of economic developments, expectations, and associated phenomena. It RELIES on objective data analysis, relevant facts, and associated figures. It attempts to establish any cause-and-effect relationships or behavioral associations which can help ascertain and TEST the development of economics theories.★Normative EconomicsNormative economics focuses on the ideological, opinion-oriented, PRESCRIPTIVE, value judgments, and "what should be" statements aimed toward economic development, investment projects, and scenarios. Its goal is to summarize people's desirability (or the lack thereof) to various economic developments, SITUATIONS, and programs by asking or quoting what should happen or what ought to be.HOPE THIS HELPS YOU ☺️PLEASE FOLLOW ME ✌️MARK ME AS BRAINLIST

eNotes HomeHomework HelpStudy GuidesTextsTeachers ▻Sign InJoinrowseNotessearchSearch for any book or any questionSearchHOMEWORK HELP > BUSINESSDistinguish between accounting costs and ECONOMIC costs.print Print document PDF list CiteExpert Answers infoGsenviro eNotes educator | CERTIFIED EducatorAccounting costs account only for the explicit costs incurred in CONDUCTING a business and not the implicit costs. The explicit costs include the direct costs to the company, such as employee wages, utility bills (water, electricity, etc.), raw material cost, premises cost, transportation and storage costs, etc. Since these are EXPENSES for which bills or receipts are AVAILABLE, such costs can be objectively verified. In fact, accountants only account for accounting costs in the financial statement of the company. Since these expenses are already incurred, accounting costs are backward looking.rowseNotessearchSearch for any book or any questionSearchHOMEWORK HELP > BUSINESSDistinguish between accounting costs and economic costs.print Print document PDF list CiteExpert Answers infoGsenviro eNotes educator | Certified EducatorAccounting costs account only for the explicit costs incurred in conducting a business and not the implicit costs. The explicit costs include the direct costs to the company, such as employee wages, utility bills (water, electricity, etc.), raw material cost, premises cost, transportation and storage costs, etc. Since these are expenses for which bills or receipts are available, such costs can be objectively verified. In fact, accountants only account for accounting costs in the financial statement of the company. Since these expenses are already incurred, accounting costs are backward looking.Economic costs, on the other hand, account for both explicit and implicit costs. Implicit costs is the opportunity cost in terms of revenue lost by forgoing the next best alternative, say renting out premises instead of conducting the business there. Implicit costs do not appear on the financial statements and are not objectively verifiable, since there can be a number of alternative to any given course of action. Implicit costs are forward looking, since they include the what if (say, we rented out the premises for next year instead of using it to conduct the business) scenario.Hope this helps.

What does this PROS and CONS MEANS

An asset can be amortised completely in a GIVEN period of TIME, i.e. EVENTUAL value can be 0, which is not the case for Written down value METHOD.

Long-term financing sources can be in the form of any of them:SHARE CAPITAL or Equity Shares.PREFERENCE Capital or Preference Shares.Retained Earnings or Internal Accruals.Debenture / Bonds.Term LOANS from FINANCIAL Institutes, Government, and Commercial Banks.Venture Funding.Asset Securitization.Hope this will help you

the demand for the PULL and push factors is the population increase the demand for GOODS MIGHT ALSO increase

The percentage FALL in price would be 25 %EXPLANATION:

Partial equilibrium is what you solve for in a supply and demand model. It MEANS there is equilibrium in one MARKET. The price of that good has adjusted so the quantity demanded equals the quantity supplied in the case of a competitive market.General equilibrium means that all MARKETS are in equilibrium. If one market is in partial equilibrium while other markets are not, that equilibrium cannot persist. The prices of other goods will change, which will affect the supply and demand in that market until the economy CONVERGES to a general equilibrium.Explanation:

A fixed rate of interest on a LOAN WOULD mean that the equated monthly installments or EMIs would remain constant over the tenure of the loan. On the other hand for FLOATING interest RATES, the EMIs would fluctuate as per the market dynamics, that is, when interest rates increase or decrease.

good evening here is UR ANS...simple moving average is the average price of a security over a specific periodthe exponential moving average provide more weight to the most RECENT price in an attempt to better reflect New Market data the difference between the two is NOTICEABLE when COMPARING long term averagehope it helps u....!

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PLEASE.. ❤NOVEMBER 1927Simon Commission, group APPOINTED in November 1927 by the British Conservative GOVERNMENT under STANLEY Baldwin to REPORT on the working of the Indian constitution established by the Government of India Act of 1919.

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The OECD defines GDP as "an aggregate measure of production equal to the sum of the gross values added of all resident and institutional units engaged in production and services (plus any taxes, and minus any subsidies, on PRODUCTS not included in the value of their outputs).The ratio of GDP to the total population of the region is the per CAPITA GDP and the same is called Mean Standard of Living. GDP is considered the "world's most powerful statistical indicator of national development and progress". GDP = compensation of employees + gross operating surplus + gross mixed income + taxes less subsidies on production and imports GDP = COE + GOS + GMI + TP & M – SP & M Compensation of employees (COE) measures the total remuneration to employees for work done. It includes wages and salaries, as well as employer contributions to social security and other such PROGRAMS. Gross operating surplus (GOS) is the surplus due to owners of incorporated businesses. Often called profits, although only a subset of total costs are subtracted from gross output to calculate GOS. Gross mixed income (GMI) is the same measure as GOS, but for unincorporated businesses. This often includes most small businesses.The sum of COE, GOS and GMI is called total factor income; it is the income of all of the factors of production in society. It measures the value of GDP at factor (basic) prices. The difference between basic prices and final prices (those USED in the expenditure calculation) is the total taxes and subsidies that the government has levied or paid on that production. So adding taxes less subsidies on production and imports converts GDP(I) at factor cost to GDP(I) at final prices.Total factor income is also sometimes expressed as: Total factor income = employee compensation + corporate profits + proprietor's income + rental income + net interestIF IT'S AN EFFECTIVE MEASUREMENT OF PROGRESSMany environmentalists argue that GDP is a poor measure of social progress because it does not take into account harm to the environment.Although a high or rising level of GDP is often associated with increased ECONOMIC and social progress within a country, a number of scholars have pointed out that this does not necessarily play out in many instances. For example, Jean Drèze and Amartya Sen have pointed out that an increase in GDP or in GDP growth does not necessarily lead to a higher standard of living, particularly in areas such as healthcare and education. Another important area that does not necessarily improve along with GDP is political liberty, which is most notable in China, where GDP growth is strong yet political liberties are heavily restricted.SO IN MY OPINION, GDP HAS IT'S PROS AND CONS.

Form 12BA is a detailed statement showing particulars of perquisites, other FRINGE benefits and profits in lieu of SALARY. Every DESIGNATION of an employee is entitled to certain benefits known as 'perquisites'. Perquisites or also known as PERKS, an employee RECEIVES on account of their job or position.Hope this will help you

a) PAID by the RESERVE BANK

[A] Proportional to the INCOME of tax payers[B] The same for every tax PAYER[C] SIMILAR for tax payers in similar CIRCUMSTANCES[D] Proportional to the expenditure of tax payers(っ◔◡◔)っ ♥ mark it as a brilliant ANSWER :) ♥

The United States taxes the profits of US resident C CORPORATIONS (named after the relevant SUBCHAPTER of the Internal Revenue Code) at 21 percent.Taxable corporate profits are EQUAL to a corporation’s RECEIPTS less allowable deductions—including the cost of goods sold, wages and other employee compensation expenses, INTEREST, nonfederal taxes, depreciation, and advertising. US-based corporations owned by foreign multinational companies generally face the same US corporate tax rules on their profits from US business activities, as do US-owned corporations.

Since 2005, the minimum Capital to Risk Assets RATIO that is EXPECTED to be maintained is 9 percent. ... 'Capital Funds' for the purpose of capital adequacy STANDARD CONSIST of both Tier I and Tier II Capital as DEFINED in the following paragraphs.Hope this will help you

point of tangency, the marginal rate of SUBSTITUTION (MRS) between the two goods is EQUAL to the RATIO of prices of the two goods. This MEANS that the rate at which the consumer is willing to exchange one good for another equals the rate at which the goods can be exchanged in the market.the person will get in a shock....

fect REFERS to Base value. It is USED to calculate the inflation in the PRESENT YEAR in relation to the prices in the corresponding period of previous year.

Capitalism is an ECONOMIC system in which private individuals or businesses own capital goods. The production of goods and services is based on supply and demand in the general market—known as a market economy—rather than through central planning—known as a planned economy or command economy.The purest form of capitalism is free market or laissez-faire capitalism. Here, private individuals are unrestrained. They may determine where to invest, what to produce or sell, and at which PRICES to exchange goods and services. The laissez-faire marketplace operates without checks or controls.Today, most countries practice a MIXED capitalist system that includes some degree of government regulation of BUSINESS and ownership of select industries.Hope this will help you