Implicit costs are imputed costs of self-owned and self-employed resources.
Example:
- (i) Interest on entrepreneur's own capital.
- (ii) Rent on entrepreneur's own land used in business.
Insect theory and drive-reduction theory both emphasize <u>biological</u> factors in motivation.
The drive-reduction theory is based totally on the idea that the primary motivation at the back of all human behavior is to reduce 'drives. ' A 'drive' is a nation of arousal or pain that is brought about by means of a person's physiological or biological needs which include starvation, thirst, and the want for warmth.
Drive reduction: behavior is encouraged via biological needs because of trying to keep homeostasis. Your motivation comes from looking to reduce the drives your frame receives from being hungry, thirsty, in pain, etc.
Insect cognition describes intellectual capacities and examines those capacities in bugs. The sphere developed from comparative psychology where early research centered more on animal behavior. Researchers have tested insect cognition in bees, fruit flies, and wasps.
Learn more about drive-reduction theory here brainly.com/question/12933887
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The Bald Eagle is our National bird.
Answer:
I. GNMA provides timing insurance. II. GNMA creates pools of mortgages and issues securities. III. GNMA insures only FHA, VA, and FmHA loans. IV. GNMA requires that all mortgages in the pool have the same interest rate. "
Explanation:
The Government National Mortgage Association or better known as the GNMA, is a U.S government corporation that helps and guarantees a timely payment of principal and interest on mortgage-backed securities. The GNMA works different than the mortgage market. It doesn’t sell or buy pass-through mortgage-backed securities and neither purchase mortgage loans. Instead, private lending institutions approved the GNMA to originate loans, pooling them into securities, and issue mortgage-backed securities that are guaranteed by the GNMA. In consequence, this guarantees the timely payment of principal and interest from approved issuers. Most mortgages securitized by the GNMA are insured by the Federal Housing Administration (FHA), Veterans Administration (VA) and the Rural Housing Administration (RHA). Finally, the GNMA Guide establishes that “Each mortgage in a pool must bear the same fixed interest rate as every other mortgage in its pool. The interest rate on the mortgage may not change during the life of the mortgage”.
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