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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)
A thesaurus is composed by at least three elements: 1-a list of words (or terms), 2-the relationship amongst the words (or terms), indicated by their hierarchical relative position (e.g. parent/broader term; child/narrower term, synonym, etc.), 3-a set of rules on how to use the thesaurus.
Poorly trained teachers at minority schools, poor school relationships, and poor parent-to-teacher relationships play a role in this inequality. With these factors, minority students are at a disadvantage because they are not given the appropriate resources that would in turn benefit their educational needs.
Measuring national income at purchasing power parity may overcome this problem at the risk of overvaluing basic goods and services, for example subsistence farming. GDP does not measure factors that affect quality of life, such as the quality of the environment (as distinct from the input value) and security from crime.
An 1880 painting by Jean-Eugène Buland showing a stark contrast in socioeconomic status. Socioeconomic status (SES) is an economic and sociological combined total measure of a person's work experience and of an individual's or family's access to economic resources and social position in relation to others.
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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