Answer:
The correct option is b. a limited liability partnership.
Explanation:
Limited liability partnerships (LLPs) are a type of partnership in which each partner's liability is limited to the amount invested in the company.
Limited liability means that creditors cannot seize a partner's personal assets or income if the partnership fails.
Spreading risk, leveraging individual abilities and knowledge, and establishing a division of labor are all advantages of having business partners.
Some of the professional businesses in which LLPs are common include accounting firms, legal firms, and among others.
Therefore, the correct option is b. a limited liability partnership.
Answer:
Explanation:
Consumption $ 670
Investment $ 0
Government Purchases $ 0
Imports $ 1200 (40 bottles * $30)
Exports $ 1000 (200 plugs * $5)
Net Exports $ (200). This is negative as imports are greater than exports.
Gross Domestic Product (GDP) $470.
{GDP formula : Consumer expenditure + Investment expenditure + Government expenditure + Total exports - Total imports.
GDP: 670 + 1000 - 1200 = 470}
Answer:
A classic example of exogenous shock is the oil supply shock in the 1970s.
Explanation:
At that time, the OPEC (Organization of Petroleum Exporting Countries), led by Arab countries, controlled the supply of oil in retaliation for Western policies. Controlling supply, ie decreasing production, drastically raised the price of a barrel of oil. Thus, both the quantity of equilibrium and the price and equilibrium changed in that situation due to the exogenous shock in the supply of the product.
Answer:
Domain names . good luck ;)
