Suppose in 2020, you purchase a house built in 2014. The value of the services of the real estate agent. the value of the services of the real estate agent would be included in the gross domestic product for 2020 This is further explained below.
<h3>What is the gross domestic product?</h3>
Generally, Final products and services—i.e., those purchased by consumers—are included in GDP, which estimates the value of goods and services produced in a specific period of time.
In conclusion, Imagine that in the year 2020 you decide to buy a home that was constructed in 2014. The price that should be paid for the real estate agent's services. The total value of the real estate agent's services would be included in the calculation of the gross domestic product for the year 2020.
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Answer:
The correct option is;
Loss of national monetary and exchange rate policy
Explanation:
The disadvantages of the establishment of monetary unions includes;
1) The loss of independence in monetary policy
2) The associated problems that arise due to the the initial establishment of the union
3) Tedious nature of the task of attaining comprehensive capital mobility
The advantages are;
1) Lack of uncertainty in exchange rate variation
2) Reduced cost of doing business
3) Improved fiscal stability as well as control of the inflation rate by supranational central bank.
Answer:
The correct answer is letter "B": Identifying alternative solutions.
Explanation:
By identifying alternative solutions someone is trying to discard the solution of a problem over another because one of them is helpful but carries a problematic situation. In this process, it is important to identify in what way an objective can be reached without implying affecting other areas or people involved.
If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.
<h3>What is Road traffic offense?</h3>
A road traffic offense refers to any act that violated the Road traffic rule.
Some road traffic offense apportioned for a typical road traffic offense includes:
- suspension of driver license
- fines etc
In conclusion, If a driver have committed a second and third offense, they will have their license suspended for six months with other punishment.
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Answer:
In the introduction and early growth stages of the product life cycle, firms often set priorities on growth and/or market share
Explanation: