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While financial economists use the word investment to refer to the acquisition and holding of potentially income-generating forms of wealth such as stocks and bonds, [9] macroeconomists usually use the word for the sum of fixed investment—the purchasing of a certain amount of newly produced productive equipment, buildings or other productive ...
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
An individual can tap into multiple sources of income to satisfy their income needs and maintain desired lifestyle after achieving financial independence. The following is a non-exhaustive list of sources of income. Bank fixed deposits and monthly income schemes; Business ownership (if the business does not require active operation)
Thesaurus Linguae Latinae. A modern english thesaurus. A thesaurus (pl.: thesauri or thesauruses), sometimes called a synonym dictionary or dictionary of synonyms, is a reference work which arranges words by their meanings (or in simpler terms, a book where one can find different words with similar meanings to other words), [1] [2] sometimes as a hierarchy of broader and narrower terms ...
In New Zealand, for example, normal schools are affiliated with Teachers colleges. According to the Oxford English Dictionary, normal schools in the United States and Canada trained primary school teachers, while in Europe, normal schools educated primary, secondary and tertiary-level teachers.
In the past, teachers have been paid relatively low salaries. However, average teacher salaries have improved rapidly in recent years. US teachers are generally paid on graduated scales, with income depending on experience. Teachers with more experience and higher education earn more than those with a standard bachelor's degree and certificate.
Teacher attrition is thought to be higher in low income schools and in high need subjects like math, science, and special education. More recent evidence suggests that school organizational characteristics has significant effects on teacher decisions to stay or leave. [2] Wage elasticity of teacher supply and demand with equilibrium
The profit is the share of income formation the owner is able to keep to themselves in the income distribution process. Profit is one of the major sources of economic well-being because it means incomes and opportunities to develop production. The words "income", "profit" and "earnings" are synonyms in this context.