Iran Is Believed to Have Oil Reserves of About $3.6 \times 10 ^ { 11 }$

question 141

Short Answer

Iran is believed to have oil reserves of about $3.6 \times 10 ^ { 11 }$ barrels. A barrel contains 42 gallons of oil. Use scientific notation to express Iran s oil reserves in gallons.

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Definitions:

Moral Hazard

Moral hazard occurs when one party to an agreement engages in risky behavior or fails to exercise responsible care because this party knows another bears the consequences.

Tenure

The duration or period of time a person holds a particular position, job, or place of living.

Accomplished Teachers

Educators who have achieved a high level of expertise and excellence in their teaching practices.

Moral Hazard

A situation in economics where one party is more likely to take risks because the costs that could result will not be borne by the party taking the risk.