Examlex
The height of a hill (in feet) is given by where x is the distance (in miles) east and y is the distance (in miles) north of your cabin. If you are at a point on the hill 1 mile north and 1 mile east of your cabin, what is the rate of change of the height of the hill (a) in a northerly direction and (b) in an easterly direction?
Forced-Savings Program
A government or employer initiative requiring individuals to save a portion of their income to foster economic stability or for future use.
Payroll Tax
A payroll tax is a tax imposed on both employers and employees; it is based on wages that employers pay their staff.
Nominal Wages
Are the amounts paid to employees in current dollar terms, without adjusting for inflation or purchasing power.
Income Cutoff
A specified income level below or above which a person or family is eligible or not eligible for certain financial benefits or services.
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