When a group provides a collective good or service, select one:
a. entrepreneurial leaders find ways to limit the benefits strictly to group members
b. the group’s membership is likely to increase
c. the group can divide costs to each person for providing the good
d. the group will inevitably confront the free rider problem
e. the group will overcome the free rider problem more easily than will groups that provide exclusive goods?

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?