Determination of national income. Graphics

Let us consider how it is possible to display and study the main elements of the mechanism for determining national income, based on the principle of effective demand, with the help of graphs. Somewhat simplifying, the principle of effective demand refers to the provision according to which, for sufficiently short periods of time at which […]

Tariff system of remuneration

The tariff system is a set of normative acts by which the differentiation and regulation of wages of various groups and categories of workers is carried out depending on the severity, complexity, intensity of labor and level of qualification, as well as the characteristics of the types of work, industries in which workers are employed. […]