Answer:
An indifference curve describes how a consumer is indifferent to goods and services and its various combinations at a given total earnings. Demand and consumption forms the primary base of the indifference curve and the curve is usually drawn from the position of the customer involved.
PPC means production possibility curve and it helps in the enlightenment of the production possibilities of two different set of goods. Production, technology and available resources forms its primary base and the curve is usually drawn from the position of an economy in perspective.
The amount of retirement income that employees would receive upon retirement is specified under a defined benefit plan (APERS). A defined contribution plan merely stipulates how much each party—the employer and the employee—puts into the retirement account of the employee.
<h3>What is the difference between defined benefit and defined contribution plan?</h3>
- For each participant in a defined-benefit pension plan, employers finance and guarantee a certain amount as retirement benefits.
- As the participant defers a percentage of their gross pay, defined-contribution plans are largely supported by the employee. Employers may decide to match the contributions up to a specific level.
- The responsibility of saving and investing for retirement has been put on employees as a result of the switch to defined-contribution plans.
- The 401(k) is the preferred defined-contribution plan (k).
- Companies have a consistent preference for defined-contribution plans over defined-benefit plans.
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Question 1: A. Meet American Indians in South Carolina.
Question 2: A. To convert the American Indians to the Catholic religion.
The Cofitachequi were the first contacted indigenous people that Hernando de Soto came into contact with in his expedition of 1540 into South Carolina. They were later visited by Juan Pardo in 1566-68 and by Henry Woodward in 1670.
One of the main motivations of these expeditions, especially those organized by the Spanish government, was to find new people to convert to Catholicism. Therefore, Catholic priests were among some of the first settlers in America.
Spencer trusted that exclusive the fittest society would get by after some time, prompting general up reviewing of the world overall. Herbert Spencer was a noteworthy figure in the scholarly existence of the Victorian time. He was one of the vital advocates of developmental hypothesis in the mid nineteenth century, and his notoriety at the time matched that of Charles Darwin.