Bob and Bill rented a house for $14,000 last year. At the start of the year they bought the house they had been renting directly from the owner for $200,000. They believe they could rent it for $14,000 this year, but stay in the house. How much does Tom and Lilly’s decision to buy the house change GDP?

Acompany sells garden hoses and uses the perpetual inventory system to account for its merchandise. the beginning balance of the inventory and its transactions during september were as follows:

Security prices are set by active market participants. which of the following is not a consequnce of this fact? a. the market price will be set by the buyer who can take best advantage of the asset. b. the price is set by the buyer willing to pay the highest price. c. superior information about an asset can increase its value by reducing its risk. d. market participants have a strong incentive to reveal private information about a security.

Common law reflects how society is ever changingm