consumable goods. B) capital goods. C) tangible goods. D) depreciation goods. Answer: B 2) In the capital market‚ households ________ supply the financial resources to firms that allow them to purchase ________. A) indirectly; capital B) directly; capital C) indirectly; land D) indirectly; labor Answer: A 3) Firms that offer to pay for college tuition for their employees are investing in ________ capital. A) tangible B)
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CHAPTER 1 The Basic Theory of Human Capital 1. General Issues One of the most important ideas in labor economics is to think of the set of marketable skills of workers as a form of capital in which workers make a variety of investments. This perspective is important in understanding both investment incentives‚ and the structure of wages and earnings. Loosely speaking‚ human capital corresponds to any stock of knowledge or characteristics the worker has (either innate or acquired) that contributes
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An interesting section of T.S. Eliot’s "The Wasteland" is that headed "Death by Water‚" a section that has engendered some argument about its meaning and about whether or not the death of Phlebas is intended to be real or symbolic. The poem uses sound in an interesting way to draw ideas together and to create a musical lilt. In the first line‚ the repeated "f" sound carries over to the first word of line two‚ evoking the idea of death‚ the image of the sea‚ and a connection between the sea and the
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This assignment will discuss some of the interests which can exist in land‚ and how they can affect a third party who wishes to purchase the property. By considering the creation of such interests‚ it can be assessed how they are protected against third parties in the registered system and then consider how the protection differs in the unregistered system. Richard has entered into a written agreement to purchase a freehold estate from Vanessa. He has been informed about the interests relating to
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CAPITAL FORMATION CAPITAL: Capital is defined as a physical reproducible factor of production. FOUR FACTORS OF PRODUCTION: LAND‚ LABOUR‚ CAPITAL & ORGINIZATION LAND Gets Rent==►LABOUR Gets Wages==►CAPITAL Gets Interest‚ ==►ORGANIZATION Gets Profit. CAPITAL FORMATION: is the act in which society dose not consume all of its income in day to day expenses but manages to save some of its income for farther investment (Output‚ Yield)Y = Consumption (C) + Saving (S) ==► (Investment) I Y =
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Topic 1- CLASSIFICATIONS AND DEFINITIONS Fundamental Concepts Land defined in Bernstein v Skyview – doesn’t extend to airspace as well. Defeats traditional view that land is everything up to the heavens etc. Land includes corporeal hereditaments- the land and what is attached to it‚ as well as incorporeal hereditaments- Rights over land including easements and rights of way. Sellers usually write a list of what they see as fixtures and what they see as chattels Botham v TSB Bank plc [1996]
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Re: Video Case 3 – Land Rover: A Socially Responsible Company Purpose This memo is intended to respond to the Video Case 3 which correlates with Chapter 20‚ Marketing Ethics and Social Responsibility. Does Land Rover ‘walks to talk’ and practices what it preaches in the video‚ and whether that translates into a competitive advantage. Is the basis for Land Rover’s competitive advantage truly accurate or are they using a clever marketing scheme to target socially responsible consumers? Summary
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High end‚ high rises‚ high expectations. Everything soars on this low-lying island called Singapore (Garden City). Is it wise to set aside some areas as nature reserves when Singapore has limited land? I refer nature reserves to places where people are able to enjoy the nature and take photographs to remember Singapore as a Garden City. Being a Garden City‚ Singapore should maintain its reputation by preserving nature reserves. Nature reserves bring benefits to the environment and Singaporeans lives
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CAPITAL GAINS According to income tax act 1961 ‘capital gains’ is the fourth head of income. Any profit or gains arising from the transfer of capital assets during the P.Y. shall be chargeable to income tax under the head capital gains and shall be deemed to be the income of P.Y. in which the transfer took place. Thus from a plain reading – Profits or gains earned on the sale of capital assets by an assessee during the P.Y. is called as capital gains. Meaning of Capital Asset: Capital asset means
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morally correct to deprive a human being of life. There are several aspect of capital punishment that has changed throughout history‚ including the popularity of the death penalty‚ the type of crimes punishable by death and the method of execution. Capital punishment‚ or the death penalty‚ is the execution of a convicted criminal by the state as punishment for a particular crime/s—known as capital crimes. These capital crimes include murder‚ treason‚ rape and some types of fraudulent engagements
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