Match the Term with the Definition

question 44

Multiple Choice

Match the term with the definition.
-Nuclear disarmament agreement reached between the United States and the Soviet Union in 1987,signifying a major thaw in the Cold War.It eliminated all short- and medium-range missiles from Europe and provided for onsite inspection for the first time.

• A)Camp David accords
• B)Economic Recovery Tax Act
• C)Equal Rights Amendment (ERA)
• D)intermediate-range nuclear forces (INF)agreement
• E)Iran-Contra scandal
• F)Iran hostage crisis
• G)National Energy Act of 1978
• H)New (Christian)Right
• I)Panama Canal treaty
• J)Strategic Defense Initiative (SDI)
• K)supply-side economics
• L)Watergate

Explain the factors leading to gains from trade and how they enhance economic efficiency.

Distinguish between efficient and equitable distributions.

Analyze the impact of incentives on individual behavior in economic models.

Evaluate the role of government intervention in achieving economic efficiency and equity.

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Definitions:

Causation

The relationship between an action and its effect, where the action is considered to be a contributing factor to the outcome or injury.

Negligence

The failure to exercise the standard of care that a reasonably prudent person would have exercised in a similar situation, leading to harm or damage.

Res Ipsa Loquitur

A legal principle that infers negligence from the very nature of an accident or injury, in the absence of direct evidence on how any defendant behaved.

Plaintiff

An individual or entity who initiates a lawsuit against another party in a court of law.