Because Every Transaction Has a Buyer and a Seller

question 226

Multiple Choice

Because every transaction has a buyer and a seller,

• A)GDP is more closely associated with an economy's income than it is with an economy's expenditure.
• B)every transaction contributes equally to an economy's income and to its expenditure.
• C)the number of firms must be equal to the number of households in a simple circular-flow diagram.
• D)firms' profits are necessarily zero in a simple circular-flow diagram.

Identify the responsibilities of landlords and tenants regarding property maintenance and repairs.

Understand the implications of lease violations and their potential legal consequences.

Recognize rights and obligations related to security deposits and their return.

Understand the principles and consequences of eviction, including constructive and partial eviction.

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Definitions:

Gender Biased

Holding or showing prejudice, stereotypes, or favoritism towards one gender over others.

Intellectual Disability

"A condition of limited mental ability in which an individual has a low IQ, usually below 70 on a traditional intelligence test, and has difficulty adapting to everyday life."

Limited Mental Ability

A state or condition where an individual's cognitive functions are below average and restrict daily activities and learning capacity.

Everyday Life

Pertains to daily activities, routines, behaviors, and interactions across various contexts and environments.