Sophia just bought shares of stock in ibm for $20,000 and paid a $300 commission to her broker. how did this impact gdp?

The correct option is d.

Restricted lifestyle is not an advantage of renting.

Further Explanation:

Renting:

Renting is a payment made to the owner of the property for using their property for some period. A regular payment is made to the owner of the property for residing over.

Justification for the correct and incorrect

a.

ease of mobility: This option is incorrect.

Renting has an ease of mobility as if the individual do not like the house or property, they can shift easily. Renting has this benefit of ease of mobility.

b.

fewer responsibilities: This option is incorrect.

Renting has fewer responsibilities as the owner has the whole responsibility of the property. This is one of the advantage of the renting.

c.

lower initial costs: This option is incorrect.

Renting has lower initial costs as it requires a small amount of rent to be paid than purchasing a house.

d.

restricted lifestyle: This option is correct.

Renting does not have restricted lifestyle. So this option is correct as restricted lifestyle is not an advantage of renting.

Thus, restricted lifestyle is not an advantage of renting.

Learn More:

1. Renting and owning  

2. Rental hosing agreement  

3. Insurance bill  

Answer Details:

Grade: High school

Chapter: Renting

Subject: Business studies

Keywords:

Which of the following is not an advantage of renting, ease of mobility, fewer responsibilities, lower initial costs, restricted lifestyle.