Suppose a state has the following individual income tax structure.The first $20,000 that an individual earns is taxed at 5%. The
next $30,000 is taxed at 10%. Any income exceeding $50,000 is taxed at 20%.Based on this tax structure, if a person’s income is equal to $60,000, his average tax rate is equal to:
Technical profession is a highly skill based profession in which a practical knowledge is required.Example:engineering in civil,mechanical,computer e.t.c.
Contingent workers are people hired to do a specific assignment in an organization. They consist of independent workers, freelancers, consultants, out-sourced employees, and other non-permanent workers who are hired on per job basis. Contingent workers are not considered employees of the organization.
Contingent workers are usually highly skilled, unlike most of the temporary workers. They are hired to work on specific tasks in their areas of specialization. Contingent workers exit a company after their task is completed. They may be re-hired by the same company or any other institution. For example, a tax consultant may be contacted to do tax calculations in a company. Once the assignment is over, they get paid and leave the organization.
True! companies examine the demographics of people in a population, then selectively pick out a demographic among the many for whom they want to target their products and services at
The activity that Aaron, Korben and Zane is involved in is
the division of labor. This is a process or a step where a group or in an
organizations provides and assigns specific tasks or divides task among the
members or employees in a group or organization.
If the index number used to calculate prices is positive, then it shows that price level in country B is greater than the price level in Country A which is used as the base year. Thus, the blank can be filled by Greater than.
PPP adjusted GDP in this case in country B will be less than its nominal GDP as price level is higher.
