Surcharge : A fiscal policy designed by the Johnson administration to reduce inflation. The program included a 10 percent tax surcharge on individual and corporate income effective for one year, with a presidential option to extend it for another year. It also included the elimination of the investment tax credit and a decrease in the rate of government spending.
존슨 세금 추징: 인플레
Communication Market can be divided into two groups : CDMA & GSM
CDMA?: Code Division Multiple Access
ex) QUALCOMM
GSM?: Global System for Mobile Communication
ex) Nokia, Sony
One of the most advance communications markets in the world with its 75% household fixed broadband penetration rate and 86% mobile user penetration rate.
South Korea had one of the lowest lev
The leverage ratio is calculated in a comparable manner across jurisdictions, adjusting for any differences in accounting standards. The Committee has designed the leverage ratio to be a credible supplementary measure to the risk-based requirement with a view to migrating to a Pillar 1 treatment based on appropriate review and calibration.
4. Reducing procyclicality and promoting countercycli
Government saving: Tax collections minus government expenditures; the government budget surplus (or, if negative, the deficit).
정부 저축 - 세금 모금액에서 정부 지출액을 뺀 것. 정부 예산 잉여, (또는 -가 되면, 손해액)
Great Depression: The severe downturn in real U.S. economic activity from 1929 to 1941.
대공황 - 미국에서 1929년부터 1941년까지
arbitration - A situation where a third party hears the arguments of both sides in labor dispute and renders a decision. In binding arbitration, the sides must abide by the decision.
중재 - 노동자의 논쟁과 결정을 내리는 양 측면의 논쟁을 제 3자의 입장에서 듣는 상황. 중재에 의해 양 측은 결정에 승복해야만 한다.
arc elasticity - Average elasticity