This topic contains a solution. Click here to go to the answer

Author Question: The provision of a legal system is an important economic function of the government because A) ... (Read 62 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
The provision of a legal system is an important economic function of the government because
 
  A) lawyers and judges tend to be high-income people.
  B) people need to feel safe when they go to work.
  C) the legal system affects how exchange takes place through its enforcement of contracts.
  D) the legal system affects the distribution of income through its awarding of damages in accident claims.

Question 2

Which of the following statements concerning the distinction between positive and normative economics is TRUE?
 
  A) Positive statements are concerned with what is, while normative statements are concerned with what someone thinks should be.
  B) Positive statements are concerned with what people think, while normative statements are concerned with what people do.
  C) Positive statements are true while normative statements are false.
  D) Positive statements are concerned with what is while normative statements are concerned with what will be.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stillxalice

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

C

Answer to Question 2

A




ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

For a complete list of videos, visit our video library