Answer: In order to achieve a high rating on the economic freedom of the world index a government should allow labor, capital and goods to move freely without any restriction.
Explanation: In economic freedom, individuals have the opportunity to control their labor and property. The government is not telling them what they can and can not do, it is entirely up to them. Measuring economic freedom is based on the rule of law, government size, regulatory efficiency and open markets.
Answer: The remuneration for natural resources is rent, as natural resources consist of all gifts of nature
Explanation:
Factors of production consists of the resources that are used to production to take place. They include land, labor, capital and the enterprise.
The remuneration for natural resources is rent, as natural resources consist of all gifts of nature.
The remuneration for labor is wages and salaries. The remuneration for capital is interest while the remuneration for entrepreneur is profit.
Owner could sell a property he or she fixed up.
Residents pay rent to the owner.
The correct answer is option (b) National Foundation for Consumer Credit (US)
Credit problem solution can be provided by National Foundation for Consumer Credit (US).
<h3>What is National Foundation for Consumer Credit (US)?</h3>
A network of non-profit credit counselling groups operates nationally under the name of National Foundation for Credit Counseling (NFCC). People who have taken on too much debt can benefit from counselling in order to avoid filing for bankruptcy, which is one of the main services offered by NFCC member organisations.
If you need help with your money, contact Consumer Credit Counseling Services (CCCS), a membership organisation of regional nonprofit organisations. Consumer finance businesses, banks, credit card issuers, and other lenders all make voluntary contributions to CCCS.
Revolving credit and instalment credit are the two types of consumer credit. Revolving credit works similarly to a credit card in that the borrower is given permission to utilise a certain amount of credit whenever they need it.
To learn more about credit visit:
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Answer:
gross domestic income is $13350
Explanation:
Given data
pay interest payments = $1,000
receive in interest = $1,200
wages = $8,000
rental receipt land = $200
profits = $2200
depreciation = $1,750
business taxes = $1000
to find out
gross domestic income
solution
we will find out gross domestic income by this given formula
gross domestic income is = profit + wages + rental receipt land + interest receive + tax + depreciation - interest paid
so
put all these value we get gross domestic income
gross domestic income = 2200 + 8000 + 200 + 1200 + 1000 + 1750 - 1000
gross domestic income = 13350
so gross domestic income is $13350
