Which of the Following Was Not Discussed as a Purpose

question 85

Multiple Choice

Which of the following was not discussed as a purpose of government in the Constitution's preamble?

• A) to promote justice
• B) to maintain peace at home
• C) to guarantee an equal distribution of wealth for all citizens
• D) to defend the nation from foreign foes
• E) to secure the "blessings of liberty"

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Definitions:

Collusion

An agreement between competing firms to control prices or exclude entry of a new competitor in the market, often in violation of antitrust laws.

Sequential Game

A strategic interaction (game) between two or more parties (players) in which each party moves (makes a decision) in a predetermined order (sequence).

Economic Profits

The profit a company makes after deducting both its explicit and implicit costs.

Nash Equilibrium

A concept in game theory where, in a non-cooperative game, each player's strategy is optimal given the strategies of all other players, leading to no incentive to deviate from their chosen strategy.