Use the Fact Situation in Q33 to Answer the Related

question 31

Multiple Choice

Use the fact situation in Q33 to answer the related question that follows. Referring to the above fact situation,in a lawsuit by Alice against Marvin,Alice will seek

• A)damages in tort.
• B)rescission in contract and damages in tort.
• C)damages in contract.
• D)rescission in tort.
• E)rescission in contract.

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Definitions:

Multiplier

In macroeconomics, a factor that quantifies the effect of an initial change in the economy (such as investment or spending) on the total level of economic activity.

Automatic Stabilizers

Economic policies and programs designed to offset fluctuations in a nation's economic activity without additional government action.

Transfer Payments

Payments made by the government to individuals or groups without receiving any goods or services in return, such as social security or welfare benefits.

Crowd-Out Effect

The phenomenon where increased government spending leads to a reduction in private sector spending and investment, often due to higher interest rates.