C. Unethical and Illegal
Bribery is offering something such as money or power to do something unethical.
Answer:
A. $54
B. 55.62
C. $70.46
Explanation:
The formula for calculating compound interest is
FV = P (1 + r ) ^n
FV = Future value
P = Present value
R = interest rate
N = number of years
A. $1,800 (1.03) = $1854
Interest rate = $1854 -$1,800 = $54
B. $1,800 (1.03)^2 = $1,909.62
Interest rate = $1,909.62 - $1854 = $55.62
C. $1,800 (1.03)^10 = $2,419.05
To service the interest rate, we have to determine the future value in year 9
$1,800 (1.03)^9 = $2,348.59
Interest rate = $2,419.05 - $2,348.59 = $70.46
I hope my answer helps you
Answer:
a) If bribes cost $1,000 each, how much will a housing inspector make each year in bribes?
So, if the corrupt inspector approves two newly built structures each week, ti means that he is bribed twice per week. There are 52 weeks in a year, so he gets a total of 104 bribes (52 x 2). If each bribe costs $1,000, then he makes a total of: $1,000 x 104 = $104,000 in bribes per year.
c) Corrupt officials may have an incentive to reduce the provision of government services to help line their own pockets.
This statement is true. Corrupt officials will want to have private companies they can obtain bribes from provide government services. It increases the probability of them making money from bribes.
d) What if reducing the number of inspectors from 20 to 10 only increased the equilibrium bribe from $1,000 to $1,500?
Reducing the number of inspectors in hafl means that each inspector now gets twice the bribes. Because the equilibrium price did not double as did the quantity of bribes, each inspector will make less money than expected, but they will still the incentive to collect all the four bribes per week.
The correct answer is "to obtain a Boater I.D.".
Some states in the United States do not require any boater I.D in order to drive a boat, yet some states in the US requires it citizens to apply for a Boater I.D. and go through a safety course in order for them to be approved and allowed to driver their watercraft, it is commonly due to safety regulations.
HR organizations, mainly.
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hope this helped