In Terms of the Solow Growth Model, the Recent Situation

question 90

Multiple Choice

In terms of the Solow growth model, the recent situation in Japan is perhaps an example of where a country has:

• A) failed to increase its savings to the optimal rate.
• B) been consistently able to achieve its optimal savings rate.
• C) exceeded its optimal savings rate.
• D) put too much emphasis on current consumption at the expense of future generations.

Understand the doctrines of ratification and adoption in the context of unauthorized contracts.

Explain the liability of agents for contracts entered into on behalf of non-existent or undisclosed principals.

Evaluate the responsibilities and obligations of principals and agents in hiring and supervising employees to prevent tortious acts.

Discuss the consequences of misrepresentation by agents in making contracts.

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Definitions:

Special Education Law

Legal statutes and regulations that ensure children with disabilities receive tailored educational services and accommodations.

PL 94-142

The Education for All Handicapped Children Act of 1975, which mandates public schools to provide free and appropriate education to children with disabilities.

IDEA

The Individuals with Disabilities Education Act, which is a US federal law ensuring students with disabilities are provided with Free Appropriate Public Education (FAPE) that is tailored to their individual needs.

Nondigital Sources

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