All people paid the same amount in factor payments for the resources they provide because different resources have different value.
<h3>What makes each economic system different from one another?</h3>
Traditional systems are characterized by a concentration on the fundamentals of products, services, and labor, and they are shaped by customs and beliefs. While a market system is governed by forces of supply and demand, command systems are influenced by centralized authorities. Finally, mixed economies combine market and command systems.
The money that individuals receive in exchange for providing producing inputs like land, labor, or capital. Patriotism. the ardor that drives someone to serve their country; love of one's country.
<h3>Which economy is better for society?</h3>
The reason capitalism is the best economic system is that it offers everybody in society a variety of advantages and chances. A few of these advantages involve fostering riches and innovation, enhancing people's quality of life, and empowering the populace.
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Answer: Currency is converted to common currency, GDP is divide by population and compare GDP per Capita
Explanation:
GDP is measured in a countries currency. When Comparing a GDP of one country to the GDP of another country currency is converted into a common currency. Currency can be converted using exchange rate. the GDP of one country will then be expressed in the currency of another country using the exchange rate.
Some countries have a high number of population than others, for example China has more people than Mexico. therefore measure GDP and The standard of living between countries GDP will need to be divided by population which will give us GDP per capita which measures the standard of living by showing the GDP per person
A commitment whereby the underwriter agrees to purchase any portion of an issue offered to existing shareholders under a rights offering that is left unsubscribed is known as a stand-by commitment.
Commitment means the consent of the backstop parties under the Backstop Rights Purchase Agreement, and purchases of all rights offering shares that exceed the Sopris Senior Note Commitment that the rights offering participants do not purchase in accordance with the rights offering.
Commitment: With firm commitment underwriting, the underwriter guarantees that the issuer will purchase all securities for sale, regardless of whether they can be sold to the investor. This is the most desirable arrangement as it immediately guarantees all the money of the issuer.
Commitment usually refers to the insurer's agreement to assume all inventory risk. A firm commitment also means agreeing to buy and sell all IPO securities directly from the issuer. Other uses of commitments relate to loans and derivatives.
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Answer:
The appropriate response is "Persuasive arguments".
Explanation:
- A noninteractional concept or philosophy of community judgment predicting choice results via cognitive or conceptual claims produced by individuals before the debate is determined as Persuasive arguments theory.
- It doesn't see dialogue as an important element of judgment results, although as a potential mechanism for facilitating communication.
Thus the above is the right answer.
Answer: $1942.89
Explanation:
Since the car will cost $120,000 and it will be financed with a 84 month contract having a nominal rate of 9.20%, then the monthly payment will be:
= PMT(9.2%/12, 84, -120000)
This will be slotted into the Excel calculator and the answer gotten will be $1942.89
Therefore, the monthly payment will be $1942.89.
