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This treatment is similar to corporations entity approach. Thus a partnership for tax purposes is a person, it can sue and be sued and can conclude legal contracts in its own name. The entity concept governs the characterization "income, gain, losses and deductions from the partnership operations, are initially determined at entity level.
A generalized disaggregate choice approach has evolved as has a generalized aggregate approach. The large question is that of the relations between them. When we use a macro model, we would like to know the disaggregate behavior it represents. If we are doing a micro analysis, we would like to know the aggregate implications of the analysis.
Aggregate supply/demand graph. The AD–AS or aggregate demand–aggregate supply model (also known as the aggregate supply–aggregate demand or AS–AD model) is a widely used macroeconomic model that explains short-run and long-run economic changes through the relationship of aggregate demand (AD) and aggregate supply (AS) in a diagram.
WASHINGTON (Reuters) -U.S. President Donald Trump signed an executive order on Monday ordering the creation of a sovereign wealth fund within the next year, saying it could potentially buy the ...
(The Center Square) – Income tax should not be paid on money provided through state-based catastrophe loss mitigation programs, says a U.S. Senate proposal from North Carolina Republican Thom ...
There’s a hard math behind the Los Angeles-area firestorm: When a two-story house is on fire under normal circumstances, three engines and a minimum of 16 crew members are generally dispatched ...
Asphalt batch mix plant A machine laying asphalt concrete, fed from a dump truck. Asphalt concrete (commonly called asphalt, [1] blacktop, or pavement in North America, and tarmac or bitumen macadam in the United Kingdom and the Republic of Ireland) is a composite material commonly used to surface roads, parking lots, airports, and the core of embankment dams. [2]
A week after wind-whipped wildfires began their deadly rampage through Southern California, investigators search for clues into what started the devastating blazes. The answers may take months or ...