Dr. Ruth is going to borrow $5,000 to help write a book. The loan is for one year and the money can be borrowed at either the prime rate or the LIBOR rate. Assume the prime rate is 11% and LIBOR 1.5% less. Also assume there will be a $45 transaction fee with LIBOR (this amount must be added to the interest cost with LIBOR). Which load has the lower effective interest cost?

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Your debit card is stolen, and you report it to your bank within two business days. how much money can you lose at most? a. $500 b. $25 c. $50 d. $150

In mexico, many garment or sewing shops found they could entice many young people to work for them if they offered clean, air conditioned work areas with high-quality locker rooms to clean up in after the work day. typically, traditional garment shops had to offer to get workers to apply for the hard, repetitive, and somewhat dangerous work. a. benchmark competitive wages b.compensating differentials c. monopoly wages d. wages based on human capital development of each employee