De Beers
De Beers enjoyed dominant position and control of the
diamond industry. As a result, it held control of market supply and demand
dynamics and drove the diamond prices. This was as a result of massive diamond
discovery in South Africa.
Trade and competition among European countries. Established global trad.
Answer:
Unfunded mandates
Explanation:
Unfunded mandates are orders (or mandates) established by the Federal Government, that oblige state governments to meet certain requirements, standards, and to fund specific programs, without giving federal funds.
In other words, an unfunded mandate is an order from the Federal Government, that has to be meet, but for which no Federal money is received.
The two most common examples of unfunded mandates are Medicaid and the Americans with Disabilities Act of 1900.
Answer:
The correct answer is A) The income and expenditure approach
Explanation:
The income approach is based on the principle that income equals production. It adds up the following categories of income:
- Wages
- Corporate profits
- Income from interest
- Farmer's Income
- Income from non-incorporated businesses (small businesses)
The expenditure approach is based on the principle that all income must be spent. It adds up the following categories of expenditure:
- Consumption (from households)
- Investment (from firms)
- Government spending
- Net exports (exports minus imports)
