Answer: A. Stare decisis
Explanation: Stare decisis simply means aligning with precedence. Stare decisis is a legal culture which necessitates the court to look into preceeding cases when making rulings on similar cases. It obligates the court that when making ruling on a certain cases, rulings preceeding cases of similar nature, fact and structure must be considered.
Therefore, in the scenario given, the court is following legal precedent set by the ruling of a previous case in other to make decision on a current case. Therefore, the second case is an example of stare decisis.
Answer:
The correct answer is D) Lower tax rates, lower resource prices, and decreased government regulation.
Explanation:
Supply-side economics policy focus on the supply. It tries to boost production so that consumer benefit from more goods at a lower price.
Supply-siders believe that lower tax rates result in more economic growth, which in turn actually increases government revenues, a theoritcal position known as the Laffer Curve.
Supply-siders also believe in deregulation. They find regulations to be an obstacle, especially for small businesses.
In particular, the region is well-known globally for its manufacturing prowess. It's home to automobile and aerospace giants like Ford, GM, Chrysler, Bombardier, GE Aviation, and Magna International, and also many other diverse industries.
Answer:
Explanation:
Free market system: A free market is an economic system that allows supply and demand to regulate prices, wages, etc, rather than government.
