Answer: c. $ 7,000
Explanation;
Homeowners who list the house they own as their primary place of residence are entitled to a tax exemption from the full cash value of $7,000.
This thus enables them to make savings on taxes paid every year. The home as previously alluded to, must be occupied by the owner and not rented nor vacant for one to qualify for this tax exemption.
Answer: The loss of enjoyment people incur when scenic land is converted to commercial use.
The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
The leisure time enjoyed by Americans Funds spent by state governments to build highways
Explanation:
The gross domestic product is the value in terms of money of all the goods and services that are produced in a particular country at a certain period of time.
Over time, people have often criticised the use of GDP as a good measurement of the output of a nation that it does not include every transactions and production for that nation. In this scenario, the following cases are either not accurately accounted for or are measured inaccurately.
1. The loss of enjoyment people incur when scenic land is converted to commercial use.
2. The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
3. The leisure time enjoyed by Americans Funds spent by state governments to build highways.
In the above cases, the monetary value of these activities aren't reflected on the GDP calculation.
Answer:
Free trade
Explanation:
Correct word for the given statement is free trade
The hypothesis competitive advantage recommends that exchange is a positive-sum game in which all nations that take part acknowledge monetary increases. In that capacity, this hypothesis gives a solid method of reasoning to empowering organized commerce.
The approach doesn't limit imports or fares; it can likewise be comprehended as the free market thought applied to worldwide exchange.
Answer:
1-Liquids have fixed volume but they have no fixed shape
2-Liquids flow from higher to lower level