Which of the following is true about specific performance?
a. It is an amount paid by a breaching party to the suffering party to cover the latter's loss.
b. It arises in situations which involve written promises.
c. It is usually ordered by the court when the economic value of the transaction is difficult to quantify.
d. It is common in case of contracts having a negative influence on the society as a whole.
C
Economics
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Unlike monetary policy, fiscal policy does not experience policy lags
Indicate whether the statement is true or false
Economics
Income is distributed ________ equally than wealth and the Lorenz curve for ________ lies closer to the line of equality
A) more; income B) more; wealth C) less; income D) less; wealth
Economics