A Type of Public Policy That Might Be Set in Response

question 38

Multiple Choice

A type of public policy that might be set in response to the rising prices of a basic necessity,such as food,might be:

• A)to make it illegal to charge high prices for the good.
• B)to subsidize the price of basic necessities.
• C)to pay producers to make more of the good.
• D)All of these are ways government can address the shortage of a basic necessity.

Recognize free and bound variables in logical sentences.

Interpret symbolic representation of statements.

Differentiate between various types of statements (open sentence, singular, quantified existential, quantified universal).

Apply logical symbols to represent statements accurately.

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Definitions:

Intentional Tort

A civil wrong resulting from an intentional act committed on the person, property, or economic interest of another. Intentional torts include assault, battery, conversion, false imprisonment, intentional infliction of emotional distress, trespass to land, and trespass to chattels.

Physical Injury

Damage to a person's body as a result of an accident or violence, distinct from emotional or psychological harm.

Strict Liability

Liability in which responsibility for damages is imposed regardless of the existence of negligence. Also called liability without fault.

CD's

Certificates of Deposit, a savings certificate with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements.