Individuals should specialize in the production of goods or services in which they have the lowest opportunity cost and then trade. This best describes which of the following economic principles? - ️️Law of Comparative Advantage
Jonathan Haidt argues that people have six moral tastebuds. Conse...
Individuals should specialize in the production of
goods or services in which they have the lowest
opportunity cost and then trade. This best describes
which of the following economic principles? - ✔ ✔
Law of Comparative Advantage
Jonathan Haidt argues that people have six moral
tastebuds. Conservatives and liberals (progressives)
have three of these in common, but conservatives
have three additional ones that liberals tend to lack.
The "extra" tastebuds that liberals lack include all the
following EXCEPT? - ✔ ✔ Care/Harm
Jonathan Haidt shares many ideas about Social
Conservatives and Liberals. Which of the following is
true? - ✔ ✔ Social Conservatives believe in
negative liberty while Liberals promote positive
liberty to enable people to succeed.
, Mercantilism is: - ✔ ✔ An economic policy where
the government regulates the economy to increase
stockpiles of gold and silver.
A basketball star can either leave college early to
pursue a career in the NBA or stay to finish his degree
in interior design. NBA franchises offer rookie stars
$10 million for their first year. Interior design firms
offer jobs to degree holders for $20,000 in their first
year. What is the opportunity cost of leaving college
and playing in the NBA? - ✔ ✔ 20,000 dollars
One issue debated in elections is whether the nation
should increase taxes on the wealthy in order to
provide more assistance to the poor. According to
Michael Sandel's Justice, the philosopher Robert
Nozick would... - ✔ ✔ Be opposed to redistribution
except to redress past wrongs that created inequality
in initial holdings.
Rabbi Yochanan Hasandlar makes fantastic sandals.
Every day he wakes up early just to practice his trade,
making his soles stronger and leathers more flexible.
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