Although it does not have the legitimacy of judgments by the ICJ, another effective method of judging violations of international law, particularly for powerful states, is
a. evaluation by the UN Security Council.
b. analysis by the U.S.-backed International Law Commission.
c. unilateral determination of violations by states themselves.
d. review by the European Union Parliament
c. unilateral determination of violations by states themselves.
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Unlike an owner, a manager may be more concerned with _____ than with _____. Which pair of words best completes this sentence?
a. profits, personal benefits b. personal benefits, profits c. profits, working conditions d. cost, revenue
A perfectly inelastic demand curve is: a. parallel to the horizontal axis
b. parallel to the vertical axis. c. downward sloping with a slope of 45 degrees. d. U-shaped with the minimum value equal to zero.
To explain the long-run determinants of the price level and the inflation rate, most economists today rely on the
a. quantity theory of money. b. price-index theory of money. c. theory of hyperinflation. d. disequilibrium theory of money and inflation.
The Friedman natural rate theory states that
A) in both the short run and the long run the economy stays at its natural rate of unemployment. B) the economy will not return to its natural rate of unemployment in either the short run or the long run. C) the economy stays at its natural rate of unemployment in the short run, but not in the long run. D) in the long run the economy returns to its natural rate of unemployment.