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Benefit taxation can relate only to the financing of public services and not to the redistributive function of the tax transfer process.Under this approach, the tax problem is viewed by itself, independent of the expenditure determination.Horizontal EquityTaxationaccording to ability to pay calls for people with equal capacity to pay the sameVertical EquityFor people with greater ability to pay, they pay more. Person A , whose income is higher , should pay more than B. Implementation of either rule requires a quantitative measure of ability to pay . Ideally this measure is reflected in income, expenditure and wealth.
An ability to pay is an individual's level of wealth or income as a measure of the tax rate they can afford to pay.
property,income expenditure,size of the family
Quick Ratio helps the company to measure the ability to pay back immediately all the liabilities if they come due. Formula Quick ratio: Quick Assets/Current Liabilities Quick Assets = Cash + Bank + Marketable Securities + Inventory Sometimes inventories not included to check absolute liquidity because inventory also need some time to realize cash
Objective assessment of personality uses standardized tests with clear scoring criteria to measure personality traits, while subjective assessment relies on self-reporting or observations that may be influenced by individual bias. Objective assessments are more reliable and less prone to interpretation errors compared to subjective assessments.
Loudness is really a subjective measure and is often confused with objective measures in decibel units of sound pressure or sound intensity.
Sound intensity or acoustic intensity can be calculated from the objective measurement of the sound pressure. The loudness is a psycho-acoustic subjective feeling, which is difficult to measure.
No. Sound intensity or acoustic intensity can be calculated from the objective measurement of the sound pressure. The loudness is a psycho-acoustic subjective feeling, which is difficult to measure.
Sound intensity or acoustic intensity can be calculated from the objective measurement of the sound pressure. The loudness is a psycho-acoustic subjective feeling, which is difficult to measure.
Some aspects like justice and freedom are hard to measure due to inconsistency of data based on human feelings which is hard to quantify. They are also subjective with no objective data involved.
Objective means things that can be directly quantified, measured, and observed, without being open to interpretation. Subjective can mean that something involves hunches, gut feelings, things that only a given person can know, or things where you have to guess at measurements. For instance, an objective way to fit someone for eyeglasses would be to directly measure how the light hits the retina of the eye. That is how autorefractors work. They bounce low power infrared light and measure how it comes back. A subjective way to fit for glasses would be to show the patient a number of calibrated slides and ask them what looks the best and is the most readable and to use the numbers that the slides represent.
Objective information is a type of information that is not caused or biased by an individual's perspective. For instance, geologists measure earthquakes using a seismograph. The seismograph takes an objective reading of an earthquake and assigns it a number. This reading also gives the duration. An individual who has felt the earthquake may insist that he earthquake was much longer or stronger than the measurement. The individual's experience is subjective. The measurement is objective.
Loudness is the quality of a sound that is the primary psychological correlate of physical strength or amplitude. Loudness is a subjective felt impression and is in some way related to the objective measure of sound pressure.
An objective test is intended to measure an individual's abilities and to be scored without bias or judgment. Sometimes there is confusion that the test itself is not biased, but it is important to remember that the impartiality of the exam is based on the scoring procedures rather than on the questions or on the structure of the test. An objective test is distinct from subjective or projective tests, which are more prone to bias in scoring.
Objective information is a type of information that is not caused or biased by an individual's perspective. For instance, geologists measure earthquakes using a seismograph. The seismograph takes an objective reading of an earthquake and assigns it a number. This reading also gives the duration. An individual who has felt the earthquake may insist that he earthquake was much longer or stronger than the measurement. The individual's experience is subjective. The measurement is objective.
A subjective measure of sound is whether something is too loud, or too soft. A scientific measure of sound is gauged in the decibel level of the noise.