The Field of Political Economy

question 428

Multiple Choice

The field of political economy

• A)casts aside most of the standard methods of economic analysis.
• B)is also referred to as the field of public choice.
• C)is also referred to as the field of macroeconomics.
• D)produces the conclusion that democratic principles rarely lead to desirable economic outcomes.

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Definitions:

Reasonable Force

The amount of force necessary to protect oneself or property, which is legally justified under the circumstances.

Privileged Communications

A legal concept preventing certain discussions held in confidence (e.g., between lawyer and client) from being disclosed without the consent of the disclosing party.

Fifth Amendment

An amendment to the United States Constitution that provides for various legal protections, including the right against self-incrimination and double jeopardy.

Jurisdictions

The official power to make legal decisions and judgments, often within a geographic area or over a certain type of case.