Answer:
The correct answer is option a and option b.
Explanation:
The opening of a new American-owned factory in Algeria would tend to increase Algeria's GDP more than it increases Algeria's GNP.
This is because the GDP of a nation is the value of final goods and services produced in an economy in a year by both domestic citizens as well as foreign residents.
While GNP of a nation does not include the income earned by the foreign residents within the boundaries of a nation. So it is lower than GDP.
You can exchange money for goods and services.
Answer:
$300
Explanation:
Given:
Society A
Society B
Society A will pay $140 per unit
Society B will pay $160 per unit
Commonly pay $140 for two units produced.
Computation:
Society will pay total amount for the public goods = $160 + $140
Society will pay the total amount for the public goods = $300
Therefore, $300 Is the total amount paid by society.
Answer:
The answer is letter C
Explanation:
Market interest rates decline sharply.
<span>In a guaranty situation, the guaranty contract is between the person who agrees to pay the debt if the primary debtor does not and the original creditor.
The guaranty contract outlines the role of the </span>people in the agreement. It shows the lender to borrow agreement and obligation. This agreement serves as a document to make sure the lender has proof in value to get something in return from lending the money.