Answer:
1. The repeal of some provisions of the Glass-Steagall Act of 1933
a. Major contributor
The repeal of some of the provisions of the Glass-Steagall Act led to lesser restrictions on the banking industry which allowed for the kind of investments that banks made leading up to 2008 that led to the crisis.
2. Savvy individual investors
b. Not a major contributor
Savvy individual investors knew how to invest and what to invest in and mostly avoided the securities that caused the crisis.
3. The Community Reinvestment Act (CRA)
a. Major contributor
The CRA allowed for banks to be able to lend money to lower income households who were the major defaulters on the mortgages which was a major contributor to the crisis.
4. Borrowers lack of financial knowledge
a. Major contributor.
A lot of the borrowers did not understand what they were getting into and so when time came to pay back, they ended up being unable to. A fact which contributed in no small way to the banking crisis.
The ethical approach Jason is using is naive immoralist.
<h3>What does naive immoralist mean?</h3>
According to the naive immoralist ethical perspective, if the manager of a multinational company notices that enterprises from other countries are not following ethical norms in a host country, he or she should not follow those ethical norms as well.
If everyone else is doing the same thing, it, therefore, serves as an ethical justification for the actions.
Learn more here: brainly.com/question/25574212.
Answer:
Medicare
Explanation:
I think b because we can only get it free on very poor and undeveloped are but it cost high in developer area
Answer:
The average cost per tractor is $236
Explanation:
The average cost is calculated by dividing the sum of variable costs and fixed costs by the quantity of units produced.
Average cost per unit = Total cost of production/Quantity of units produced
Plowin' Supply plans to make 15,000 tractors with fixed costs are $ 540,000 and variable costs are $200 per tractor.
Total variable costs = 15,000 x $200 = $3,000,000
Total cost = Total variable costs + Fixed costs = $3,000,000 + $540,000 = $3,540,000
Average cost per tractor = $3,540,000/15,000 = $236
