According to Michael Kremer, large populations c. are a prerequisite for technological advances and higher living standards.
<h3>Who is Michael Kremer?</h3>
Michael Kremer is an American development economist and a Nobel Prize winner for developing an innovative economic theory for poverty alleviation, especially in large populations.
Michael Kremer did not think that large populations disadvantaged the nation, but it could be a factor in increasing the living standards through technological advances.
Thus, according to Michael Kremer, large populations c. are a prerequisite for technological advances and higher living standards.
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Tell Alix to make smaller pretezls. They will taste better, but use less ingredients, therefore keeping the cost lower than it is now. Hope this helps!
Answer: Practical intelligence
Explanation: In simple words, practical intelligence refers to the ability of an individual to shape and fit itself according to the demands of the environment.
In the given case, Martha worked with a company that had a casual and open atmosphere. But after joining employment in a bank she herself understood that different attitude will be needed there to work. She herself adjusted her personality and dressing as per the demand of the environment.
Hence from the above we can conclude that she is exhibiting practical intelligence.
Answer: option 3
Explanation:
Background to the case:
The cases involving the explosion of Ford Pinto's due to a defective fuel system design led to the debate of many issues, most centering around the use by Ford of a cost-benefit analysis and the ethics surrounding its decision not to upgrade the fuel system based on this analysis.
Basis of analysis:
Should a risk/benefit analysis be used in situations where a defect in manufacturing could lead to seriously bodily harm and even worse death, such as in the Ford Pinto situation?
Rule of the court:
There hasn’t really been a definite decision about the case and arguments both for and against such an analysis have been made. It is an economically efficient method which has been accepted by courts for numerous years, however, juries may not always agree, so companies should take this into account.
Discretion is expected to be used.
T applies for a life insurance policy and is told by the producer that the insurer is bound to the coverage as of the date.
The correct answer is "Conditional receipt". A conditional receipt binds the insurer to coverage as of the date of the application or medical exam, provided the proposed insured is determined to be an acceptable risk.
Under a conditional receipt, the applicant and the insurance agency shape a "conditional" settlement this is contingent upon the situations that existed when an utility or medication exam is finished. It provides that the applicant is included right now as long as they bypass the insurer's underwriting requirements.
How is a conditional receipt nice described?
A conditional receipt is a document given to someone who applies for an coverage contract and has provided the preliminary top rate payment. This receipt manner that the character can handiest be insured if she or he meets the standards of insurability and is given approval by the insurance company.
How does a conditional receipt vary?
The distinction among a conditional binding receipt and a straightforward binding receipt is that a straightforward binding receipt requires the insurance organization to pay the dying gain as soon as the primary premium receives paid, whether or not the applicant is in the end approved or no longer. Conditional binding receipts are common.
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