In the accompanying figure, slide 1 has 3 second-level bullets.
Definitions:
Legal Justification
The basis under law that explains or defends why an action is considered legal or right.
Cost-benefit
A systematic approach to estimating the strengths and weaknesses of alternatives used to determine the best option through the evaluation of costs and benefits.
Past Oriented
A perspective or approach that places emphasis on traditions, history, and values from the past in decision making and lifestyle.
Retributivist
A philosophy of punishment where the focus is on the offender receiving a punishment proportional to the crime committed, based on the principle of just desert.
Q9: Making a decision at the margin is
Q23: A(n)_ is an action you take with
Q29: Which key do you press to create
Q32: The Convert to SmartArt Graphic button is
Q44: Which statement is part of the policy established
Q52: The study of an economy's price level
Q56: When shutting down the computer, after clicking
Q68: Opportunity cost is the _ alternative forfeited
Q109: Why do societies need rationing devices?<br>A)Because people
Q130: Positive economics is always concerned with<br>A)value judgments.<br>B)cause-effect