Answer:
They have to pay property tax, but the amount would be lower than middle age couple
Explanation:
Most states prepare a certain amount of Exemption for retired people's property tax. The amount will be different between each states, and the majority of states allow the exemption only for elderly who are 65 years old and above.
For example, if that elderly live in new york, they will receive 50% exemption from their property value. If they live in Houston, they'd have a fixed $160,000 exemption plus additional 20% of their property value.
Answer:
Knowledge economy is the "knowledge intensive activity for production of goods as well as services."
Explanation:
The type of economy in which the production of goods as well as the services will depend upon the knowledge intensive activity is called as the Knowledge economy. The result of this knowledge intensive activity will be the large portion of the economic growth and also employment. It plays a major role in human capital. Firms also need to attract and retain the workers by adapting new mode of economy. Various latest growth theories will help in increasing the human capital by increasing the knowledge in order to provide the latest source of economic rise and increased productivity.
The referendum is the progressive
reform that allowed the voters to approve or reject laws passed by the
legislature.
To add, a referendum (plural referendums, see below) is a
direct vote in which an entire electorate is asked to vote on a particular
proposal.
The role of the media is that they give out all the information that is relative to the matter