Salary and Expense Account. As of 2014, the president earns an annual salary of $400,000 per year, plus a $50,000 non-taxable expense account.The presidential salary had been $200,000 since 1969, but in 1999, Congress passed legislation doubling the salary to its current level before President George W. Bush took office.etirement Plan. In addition to an annual salary, U.S. presidents receive a retirement plan. After leaving office, the former president receives an annual pension that is equal to the current salary of a Cabinet member. As of 2011, the presidential pension is $196,700 per year.
Economic Service Charge (ESC) ESC is a is a levy imposed under the provision of the ESC Act No. 13 of 2006. The following are liable for ESC: Individuals, partnerships, companies(including BOI), body of persons & Corporations who has aggregate liable turnover for the quarter Rs. 10 mn or more.
Example is attending College(Economic Cost=accounting cost + opportunity cost): The opportunity cost is the are the four years paycheck you can earn if you weren't in school. -The accounting cost is the tuition, books, housing, food,, and other miscellaneous things your owing now.he opportunity cost is the activity you give up. Economic cost is what it actually costs to make something. For example, if I am making cars, I have to pay for the steel, fabric, fittings, plus pay my workers and, perhaps, advertising, shipping, distribution, &c. These are economic costs.