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A fiscal imbalance emerges when sub-national governments have different abilities to raise funds from their tax bases and to provide services. This creates differences in ‘net fiscal benefits’, which are a combination of levels of taxation and public services. It is these NFBs which are the main cause of horizontal fiscal disparities that ...
The vertical exaggeration is given by: = where VS is the vertical scale and HS is the horizontal scale, both given as representative fractions.. For example, if 1 centimetre (0.39 in) vertically represents 200 metres (660 ft) and 1 centimetre (0.39 in) horizontally represents 4,000 metres (13,000 ft), the vertical exaggeration, 20×, is given by:
Research. v. t. e. Horizontal integration is the process of a company increasing production of goods or services at the same level of the value chain, in the same industry. A company may do this via internal expansion or through mergers and acquisitions. [ 1][ 2][ 3] The process can lead to monopoly if a company captures the vast majority of ...
In microeconomics, management and international political economy, vertical integration, also referred to as vertical consolidation, is an arrangement in which the supply chain of a company is integrated and owned by that company. Usually each member of the supply chain produces a different product or (market-specific) service, and the products ...
Page orientation is the way in which a rectangular page is oriented for normal viewing. The two most common types of orientation are portrait and landscape. [ 1] The term "portrait orientation" comes from visual art terminology and describes the dimensions used to capture a person's face and upper body in a picture; in such images, the height ...
A vertical datum is a reference surface for vertical positions, such as the elevations of Earth features including terrain, bathymetry, water level, and human-made structures. An approximate definition of sea level is the datum WGS 84 , an ellipsoid , whereas a more accurate definition is Earth Gravitational Model 2008 (EGM2008), using at least ...
The vertical–horizontal illusion is the tendency for observers to overestimate the length of a vertical line relative to a horizontal line of the same length. [1] This involves a bisecting component that causes the bisecting line to appear longer than the line that is bisected. People often overestimate or underestimate the length of the ...
In the three-dimensional case, the situation is more complicated as now one has horizontal and vertical planes in addition to horizontal and vertical lines. Consider a point P and designate a direction through P as vertical. A plane which contains P and is normal to the designated direction is the horizontal plane at P.