Contrast the Consensus Theory of Justice and the Conflict Theory

question 70

Essay

Contrast the consensus theory of justice and the conflict theory of justice.What different assumptions does each theory make regarding human society? Which do you agree most with, and why?

Identify the effects of interest rate changes on savings and consumption.

Recognize the significance of the marginal propensity to consume (MPC) and the marginal propensity to save (MPS).

Apply the permanent income hypothesis to predict consumer behavior in response to changes in income and taxation.

Understand and compute stockholders' equity and its components.