“Economic sustainability” can be taken as meaning a combination of (i) remaining commercially viable (both now and ideally across future generations) and (ii) being able to sustain operations in the face of unexpected and severe events, such as the global financial crisis which struck in 2007/8 for example.
Economic sustainability can be viewed through five capitals, which include:
-Natural capital which comes from our ecological system;
-Produced capital which comes from our productive activities;
-Human capital which comes from our talented people;
-Social capital which comes from social trust and social interaction; and
-Financial capital which connects all the previous four capitals to help grow and sustain an economy.
Answer:
Leftward; after-tax wage rate falls
Explanation:
A labor supply curve is a graphical representation of labor supply at an organisation or at work where the hypothetical wage rates are shown at the vertical ordinate while the will to supply the labor at that particular wage rate is plotted at the horizontal abscissa.
If there is any change in anything that impacts or affects the labor demand or supply, for example any change in government tax or regulation, changes in the production process or output process, it causes a shift in the labor supply curve.
So when there is any increase in the taxes on labor income, the labor supply curve shifts towards the left and the after tax wage rate falls immediately.
Thus the answer is ---
Leftward; after-tax wage rate falls
Answer:
I don't know the answer but thank you for free points and I really needed this point so that I can ask some question from anyone
Contrary to popular belief, when children leave their home where they grew up, their mothers usually feel happy.
This is not to be taken negatively though - they are not happy to kick out their children out of the house after so many years. They are happy that their children have grown up, can take care of themselves and perhaps start their own families. Also, they might be happy to finally have some time for themselves, to focus on their own interests which may have been put aside.
