The unemployment rate is an important indicator, but it is not the only one to watch. By itself, it doesn’t paint a full ...

Let's take a common example – if you've got one employer ... You're not entitled to any tax-free personal allowance on income from this job or pension and pay 20% basic-rate tax on the whole amount.

If the firm hires another unit of labor and moves ... use the formula for the marginal rate of technical substitution (MRTS): For example, in the graph of an isoquant where capital (represented ...