Answer: The amount of people live in the countries are different.
Explanation:
It is common for a country to use GDP as economic prosperity or living standards. When comparing the GDP of different countries for this purpose, two problems arise immediately.
1) The GDP of a country is measured in its own currency, for example, the US uses one US dollar; Most Western Europe countries use euros. Therefore, comparing GDP between the two countries requires its conversion into a common currency. However, currencies have already been changed (the Burundian franc was replaced by the US Dollar).
2) The countries have a very large number of people. For example, there are more than 250 million people in the United States and 12 million people in Burundi, so that will cause problems.
The problem is, while the exchange of currencies and comparisons is a good thing, we need to make sure we have a good comparison of demographic data and the number of people, so that we can analyze the GDP differences between these countries.
Answer: Bonds do not affect owner control.
Explanation:
Bonds are simply refered to as the units of corporate debts which are being issued by companies. It is a fixed income instrument and its advantage is that the bonds do not affect owner control.
Bonds can also bring about a rise in the return on equity. Therefore, the correct option is A.
Answer:
1. Private ownership of factors of production
2. Freedom to engage in commercial activities
Explanation:
<u>1. Private ownership of factors of production</u>
In the US, individuals and firms are allowed to own properties. A significant percentage of the factors of production are in the hands of the private sector. Firms and individual influences the production of goods and services because they allocate resources to meet market demand.
<u>2. Freedom to engage in commercial activities</u>
Entrepreneurs have the freedom to choose the type of business they want to start. They can also select the location and the time they want to operate. There are no upper limits to firms that can participate in the market. Consumers are free to choose their suppliers. The market presents a variety of goods and services to consumers to pick from.
Answer:
Acceptance
Explanation:
For a contract there are some certain conditions to be fulfilled, to call it valid. This includes the basic two things:
Offer and acceptance.
Offer refers to the option provided by a party in the contract and that there is acceptance from opposite party to accept the offer, and when it is accepted as the offer itself, then the contract is valid.
In the given instance there is an alteration in the acceptance conditions as not same like offer. The offer price is $5,000 and that the acceptance price is $4,500.
Thus, there is no acceptance in this contract. Rather there is counter offer.
