Laws in some countries require bystanders to come to the aid of people in mortal danger. This legal obligation is called
A) compulsory volunteerism.
B) judicial discretion.
C) the duty to rescue.
D) eminent domain.
C
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Economic growth is measured by
A) increases in the population. B) increases in GDP. C) increases in per capita real GDP. D) increases in the value of the total output of society.
Developing countries can be expected to have a comparative advantage in industries requiring a relatively large amount of skilled labor
a. True b. False Indicate whether the statement is true or false
Suppose you come up with a wonderful new invention, and after borrowing as much as you can from a bank, you believe that additional capital is needed to make the invention marketable. Your small new company would be most likely to find additional capital from
A. a venture capital firm. B. an initial public offering. C. issuing bonds. D. borrowing from a different bank.
Taxes are reduced by $15 billion and income increases by $75 billion. The value of the tax multiplier is
A. 9. B. -4. C. -5. D. -10.