This topic contains a solution. Click here to go to the answer

Author Question: According to Elinor Ostrom's view of The Tragedy of the Commons: a. The only way to prevent the ... (Read 14 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
According to Elinor Ostrom's view of The Tragedy of the Commons:
 a. The only way to prevent the collapse of the commons is government intervention.
  b. The only way to prevent the collapse of the commons is to privatize the commons so that it is owned by a single individual.
  c. Individuals will create institutions to prevent the collapse of the commons.
  d. Individuals will use the commons beyond the socially efficient point.

Question 2

Suppose the reserve requirement is 15 percent. Which of the following is true?
 a. The simple money multiplier is 15.
 b. The simple money multiplier is 1/15.
 c. The simple money multiplier is 30,000.
  d. The simple money multiplier is 1/30,000.
  e. The simple money multiplier is 1/0.15.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iceage

  • Guest
Answer to Question 1

c

Answer to Question 2

e





 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

For a complete list of videos, visit our video library