Geography of the European Netherlands European part of the country can be split into two areas: the low and flat lands in the west and north, and the higher lands with minor hills in the east and south. The former, including the reclaimed polders and river deltas, make up about half of its surface area and are less than above sea level, much of it actually below sea level. An extensive range of seawalls and coastal dunes protect the Netherlands from the sea, and levees and dikes along the rivers protect against river flooding. The rest of the country is mostly flat; only in the
Tendency of the rate of profit to fall very large. The idea of supersized CEO pay has been disputed by the American Enterprise Institute who claim that the "average" CEO pay, according to BLS statistics, is more like US$220,000; only "a handful" would earn more than that. Profit income from ordinary land sales is excluded from official value-added, since land is not considered to be a "produced asset". (see gross fixed capital formation). Included in capital formation is only the value of certain land improvements which are excluded from investments in building & construction (land clearing, land reclamation, land drainage, irrigation works, flood barriers, contouring, creation of wells