How has the law been used to destroy its own objective? Identify the two causes.

What will be an ideal response?


Answer: It has been applied to annihilating the justice that it was supposed to maintain; to limiting and destroying rights which its real purpose was to respect.

Economics

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Which of the following would cause the equilibrium price of ketchup to increase and the equilibrium quantity of ketchup to decrease?

A) an increase in the price of mustard, a substitute for ketchup B) a decrease in the price of tomatoes C) an increase in the price of tomatoes D) an increase in the price of french fries, a complement for ketchup

Economics

Even though credit cards are used by many people in making purchases, they are not included in the M1. A major reason is that

A. credit cards are a way of going into debt, whereas the components of M1 represent assets. B. credit cards had not yet been invented when money was defined. C. some credit cards are issued by stores (such as Sears), whereas all money is issued by banks. D. credit cards are much less liquid than M1.

Economics

A positive externality is the positive effect that:

A. an action has on others that is not taken into account by the decision maker. B. external forces have on society as a whole. C. external forces have on a decision maker. D. an action has on the decision maker.

Economics

Many hotel chains offer senior citizen discounts to members of AARP. This suggests that the hotels believe that senior citizens have a ________ demand for hotel rooms than non-seniors.

A. smaller B. greater C. more elastic D. less elastic

Economics