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In the Labour Force Survey,a person is considered unemployed if the person,during the reference week, i.had no employment.
Ii) was available for work.
Iii) had actively looked for work at any time in the four weeks up to the end of the reference week.
Marginal Tax Rates
Marginal tax rates are the rates of tax applied to the next dollar of income, used to determine the tax impact of additional income or deductions.
Total Tax
The sum of all taxes levied on an individual or a corporation by various governmental agencies.
Provincial Tax Brackets
These refer to the range of income segments taxed at different rates by provincial governments in countries like Canada, where taxation powers are shared between federal and provincial authorities.
Net Working Capital
The difference between a company’s current assets and its current liabilities, indicating the liquidity of the business.
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