Examlex
The CPI keeps prices fixed to isolate changes in quantities.
Strict Liability
A principle that holds parties accountable for damages irrespective of preventive measures or caution exercised.
Contributory Negligence
A legal principle where if a party can be shown to have contributed to their own injury or loss, they may be barred from recovering damages.
Smoke Alarms
Devices designed to detect smoke and emit an alarm, providing early warning of fire.
Negligence Action
A legal claim brought against someone who fails to act with the level of care that someone of ordinary prudence would have exercised under the same circumstances, resulting in harm or damage.
Q8: An increase in interest rates is a
Q88: Rising average prices and decreased unemployment most
Q92: A positive aggregate supply shock results in<br>A)
Q96: A negative inflation rate, or deflation, means
Q113: If real GDP is $200 billion but
Q129: Cost-push inflation can cause<br>A) expansion.<br>B) positive supply
Q159: The economist most associated with the view
Q184: The hands-off camp generally believes that<br>A) government
Q237: The quantity of labour inputs increases with
Q296: A rise in the price level<br>A) increases