Recall the Application About the Lack of Property Rights in Peru

question 40

Multiple Choice

Recall the Application about the lack of property rights in Peru, and why clear property rights are important for economic growth in developing countries, to answer the following question(s) . Clear property rights give owners an incentive to make long-term investments in their property, and are vital for the property owners to be able to borrow funds.
-According to this Application, clear property rights are important for economic growth, because without a clear title to property,

• A) the property cannot be used as collateral for loans.
• B) people will not reside on the property.
• C) no utilities will be available for the property.
• D) the property has no value.

Evaluate the economic implications of ordering and inventory carrying costs, including the use of the Economic Order Quantity model.

Assess the benefits and considerations of quantity discounts in inventory management.

Identify the reasons why firms maintain cash balances and the purposes of holding marketable securities.

Understand the application and benefits of just-in-time inventory systems.

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Definitions:

U.S. Businesses

Companies or enterprises that are located within the United States, encompassing a wide range of industries and sizes.

Imported Goods

Products or services brought into one country from another for sale.

International Gold Standard

A monetary system in which countries fixed the value of their currencies in terms of a specified amount of gold, facilitating international trade and investment.