The meaning of LOW is having a small upward extension or elevation. How to use low in a sentence. Synonym Discussion of Low.
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The Low Income Cutoff (LICO) is the income level below which a family spends 20 percent more of its income on necessities (food, shelter and clothing) than the average family does. For example, if an average household uses 30 percent of its income to buy necessities, then a household whic...
Nine-tenths of those who have a competence know what income they have, and are careful not to spend more. From Project Gutenberg With his vast income, acquired from the spoils of nearly every country in Europe, he maintained his high rank in lordly fashion. From Project Gutenberg ...
Examples of Income Here are the most common forms of business income: Sales For many businesses, sales of goods are their main form of income. A business can either buy products at a low price and resell them at a higher price to customers, or they can actually make the goods and then...
The NBER defines a recession as a "significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real gross domestic product, real income, employment, industrial production and wholesale-retail sales." As the NBER definition of a recession...
The meaning of ABOLISH is to end the observance or effect of (something, such as a law) : to completely do away with (something) : annul. How to use abolish in a sentence.
The meaning of ABOLISH is to end the observance or effect of (something, such as a law) : to completely do away with (something) : annul. How to use abolish in a sentence.
The proportional distribution of factor income across the factors of production is also important in country-level analysis. Countries with low populations but great mineral wealth may see a low proportion of factor income stemming from labor, but a high proportion stemming fromcapital. Meanwhile, nat...
Today, the preferred terminology categorizes a nation as a developing country, an underdeveloped country, or a low- andmiddle-income country (LMIC). Key Takeaways "Third World" is an outdated and offensive Cold War-era term. Currently accepted terms include "developing" and "lower-middle or ...