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Q. Describe pay-as-you-go pension plan?
Pay-As-You-Go Pension: A pay-as-you-go pension plan sponsor basically just pays for pension benefits to retired plan members out of its current incoming revenues. Many government pension plans are funded on a pay-as-you-go (or "paygo") basis, with pension benefits financed directly from current taxes. It's difficult for private companies to pay for pensions on this basis, though, as their long-term revenue streams aren't as reliable as governments'. For this reason, many private employers use (or are required to use) pre-funded pensions.
social welfare ordinal
Economies of Scope The ability of a organization to decrease its unit costs by producing two or more products or services that involve complementary skills, experience and
law of demand..
Consider a thin transparent plate whose thickness d(x,y) is a square (instead of a sinusoidal) periodic function of x of period Δ=λ. Show that the angle θ between the diffracted wa
Halala is a small country that uses most of Its resources to produce fruits and vegetables. If the country produces only fruits it is able to produce 8000kg of fruit per year. If i
how to find total revenue total cost approch in equilibrium firms
What two developments are demanding new ways of looking at the economic world in the 21st century? What kinds of sustainability questions do they raise? Two developments that
Division of labour: Division of labour involves dividing a production process into a number of smaller tasks for each task to be undertaken by a different worker. It may also be
discuss the implications of various market structures(competitive and non-competitive) for price determination
explain diagramatically Bain''s limit pricing mode
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