Answer:
John Locke emphasized "life, liberty and property" as primary. However, despite Locke's influential defense of the right of revolution, Thomas Jefferson substituted "pursuit of happiness" in place of "property" in the United States Declaration of Independence.
Explanation:
Answer:
Whereas the Sherman Act only declared monopoly illegal, the Clayton Act defined as illegal certain business practices that are conducive to the formation of monopolies or that result from them. ... The Clayton Act and other antitrust and consumer protection regulations are enforced by the Federal Trade Commission.
Explanation:
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Answer:
Freedom of speech may make other people uncomfortable about your opinions
Answer:
d. All of the above are correct.
Explanation:
Economists are scientists who study the processes of production, distribution, accumulation and consumption of material goods. They also look for factors directly related to restraint or moderation in spending, and factors related to savings. Economists study the notion of how societies use resources to produce valuable goods and how these goods are distributed among individuals.
Based on this, we can say that economists would study whether the US unemployment rate has fallen by two percentage points in recent years, but we can also say that they would study the following situations:
- Mitch chooses to work overtime to earn extra income for his family.
- Megan sells her physics textbook last semester to her roommate for half the price of a new textbook.
Households dissave when en their consumption exceeds their incomes. The extra money comes from two sources: credit and past incomes, also known as savings. When a house dissaves it can either borrow money from financial institutions or spend money that was previously saved. Everyone cannot dissave at the same time because banks would not have enough money to fund everybody's excessive consumption.
