Which of These Did Classical Economists Believe Would Happen If

question 130

Multiple Choice

Which of these did classical economists believe would happen if the economy experienced a downturn?

• A) Prices would rise.
• B) Interest rates would rise.
• C) The economy would self-correct.
• D) The government would fix any inefficiencies.

Differentiate between intentional and negligent torts.

Explain the concept of defamation, including defenses and privileges against it.

Distinguish between different types of damages in tort law (nominal, compensatory, punitive).

Understand privacy torts and their exceptions.