Positivist Law Refers To

question 32

Multiple Choice

Positivist law refers to:

• A)those laws written and enforced by society.
• B)the idea that principles of morals are inherent in nature.
• C)the idea that laws are not human-made and are discovered by reason.
• D)those laws that regulate natural rights.

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Definitions:

Anti-inflation Policy

A set of governmental or central bank strategies aimed at controlling or reducing the rate of inflation in the economy.

Expectations

The anticipations or beliefs about future events or outcomes, which can influence current behavior and decision-making.

Price of Oil

The cost per barrel of crude oil as determined in global markets, influenced by factors such as supply, demand, geopolitical events, and market speculation.

Unemployment

Is the condition of someone actively looking for employment but unable to find work, often used as a key economic indicator.