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 85 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?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

For a complete list of videos, visit our video library