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Margaret [11]
3 years ago
5

An economics professor, upset about the rising cost of textbooks, proposed that his department purchase 50 copies of a statistic

s book so the students in the statistics class would not have to purchase their own books but rather could borrow a book for the semester and then return it for the next class to use. Which of the following strategies would not prevent a common resource problem with the textbooks?a) Students will be required to pay a deposit for the textbook, which is refundable at the end of the semester when the book is returned in good condition.b) The textbooks are placed in a common area of the department so students can borrow and return them as needed.c) Students must sign a form agreeing to return the book or pay a fine equal to the replacement cost of the book.d) The textbooks are placed in the professor’s office and will only be given to students who are registered members of the class. These students will not receive their final course grades until the books are returned.
Business
1 answer:
natima [27]3 years ago
5 0

Answer:

B) The textbooks are placed in a common area of the department so students can borrow and return them as needed.

Explanation:

To avoid a new tragedy of the commons from occurring in the statistics class, each student that receives a book should be responsible for taking good care of it.

If the books are simply placed in a common area, anyone can come and take a book home and never return it or return it in a very bad shape.

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What characterizes developing economies? Check all that apply.
vladimir1956 [14]

Answer:

A. a growing industrial economy

D. a focus on agricultural activity

Explanation:

The economies of developing countries are characterized by;

a growing industrial economy

a focus on agricultural activity

6 0
3 years ago
Read 2 more answers
Suppose your credit card issuer states that it charges a 15.00% nominal annual rate, but you must make monthly payments, which a
lubasha [3.4K]

Answer: 16.08%

Explanation:

The effective annual interest rate simply means the interest rate on a loan that is restated from nominal interest rate.

In the above question, we are informed that it uses 15.00% as the nominal annual rate make monthly payments.

Effective annual rate = (1 + r/m)^m - 1

where,

r = annual nominal interest rate

m = number of compounding periods for the year.

In this case m= 12 since there are 12 months in a year.

The answer has been attached.

3 0
3 years ago
Which of the following sites is not one of the New Seven Wonders of the World?
marta [7]

Answer:

The Western Wall, Israel

Explanation:

The Western Wall in Israel isn't one of the new seven wonders of the world.

The New7Wonders of the world are:

Great Pyramid of Giza, Egypt.

Petra, Jordan

Taj Mahal, India

Chichen Itza, Yucatán, Mexico

Christ The Redeemer, Rio De Janeiro, Brazil

Great Wall of China, China

Other places are Machu Picchu, Peru and The Colosseum, Rome, Italy.

5 0
3 years ago
The interest rate effect: is the change in exports and imports, resulting from changes in the interest rate caused by changes in
ryzh [129]

Answer:

The interest rate effect is the change in consumer and investment spending due to changes in interest rates resulting from changes in the aggregate price level.

Explanation:

"Changes in interest rates can have different effects on consumer spending habits depending on a number of factors, including current rate levels, expected future rate changes, consumer confidence, and the overall health of the economy.

It's possible for interest rate changes, either up or down, to have the effect of increasing consumer spending or decreasing spending and increasing saving. The ultimate determinant of the overall effect of interest rate changes primarily depends on the consensus attitude of consumers as to whether they are better off spending or saving in light of the change. "

Reference: Maverick, J.B. “How Do Interest Rates Change Spending Habits in the Economy?” Investopedia, Investopedia, 31 Aug. 2019

4 0
3 years ago
Below is a list of prices for zero-coupon bonds of various maturities. Maturity (Years) Price of $1,000 Par Bond (Zero-Coupon) 1
Lynna [10]

Answer:

6.997%

Explanation:

To find the answer, we use the Yield to Maturity (YTM) for a Zero Coupon Bond:

YTM = [(F/PV)^1/n] - 1

Where:

F: Face/Par value (the question is telling us that the par value of a 3-year bond is $816.367)

PV: Present Value (which is the same as the price: $1,000)

n: number of periods (in this case 3 years because the coupon is annual)

Now, we plug the amounts into the formula:

YTM = [($1,000/$816.37)^1/3]-1

YTM = 6.997%

7 0
3 years ago
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