Answer: mala prohibita
Explanation:
Malum in se is simply a Latin phrase that means that something wrong or evil. Examples include murder, assault, robbery etc. These act are wrongful.
Malum prohibitum, simply m and that something that's considered to be wrong because it's prohibited. Examples include indecent exposure, not using helmets by bikers etc.
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Answer: There is a recessionary gap equal to Y P − Y 1. In Panel (a),
Explanation: the economy closes the gap through a process of self-correction. Real and nominal wages will fall as long as employment remains below the natural level. Lower nominal wages shift the short-run aggregate supply curve.
