Answer & Explanation:
Fish is a common resource not a public good because it is subject to rivalry in consumption.Tragedy of commons results when property right aren't assigned for the common resource.
Answer and Explanation:
Partial Balance sheet
Investments
Stock investments (At fair value) $110,090
Debt investments (at fair value) $163,100
Stock investments (At equity) not given: $0
Total investment) $276190
<u>Solution and Explanation:</u>
GDP is calculated as follows:
Y = C + G + I + NX
where
C = Consumption
G = Government Expenditure
I = Investment
NX = Net Exports
It is mentioned that in 2015, GDP was 50 million and in 2016, it was 48 million without any change in the factors except NX. It means the net exports that is the difference between export and the import of the country has changed and it has fallen by 2 million.
Yes new zealand does have many hotels, ive been there
