Answer by JKismyhusbandbae: They get paid due to the amount of houses they sell and how big and worth the house is. Although real estate agents make money through commissions paid directly to brokers when transactions are settled.
The answer is true because consumers wouldn't have the same success in this economy and it needs growth and change in order for it to maintain stability
Solution :
When the people of this economy trades three of their goods, the price of the good must list 1 price and then the economy requires 3 prices for the people to carry transactions.
Suppose the number of the goods that people trade increases to 15 number, then the price of the goods must list one price and the number of the price that the economy requires increases to 15.
Money has an intrinsic value and it is the unit of account, while that of the currency is the measure of the value and have a purchasing power that government is bestowed on it being a legal tender.
The store of the value characteristics is negatively impacted. But because the ongoing increase in the cost of the standard implies inflation that means that the value of the assets as accounted by the store has a value function as the money decreases.
Even when the cost of the living increases, the money serves as the best medium of exchange and a unit of the account.
Double coincidence of the wants is the barter system that is required.
For sale by owner, 3 bedroom home, family room, fireplace, den , large master bedroom
Answer:
Dr Land 397,950
Cr Cash 117,950
Cr Notes payable 280,000
Explanation:
Certain ordinary and necessary costs can be included in the purchase cost of land:
- cost of the land
- title fees
- applicable taxes
- legal fees
- broker fees
- survey costs
- leveling costs
- zoning fees
- etc.
In this case, the total purchase cost of the land = $110,000 + $280,000 + $1,400 + $650 + $5,900 = $397,950
