What are liability rules?
What will be an ideal response?
Liability rules are laws that require A to compensate B for damages imposed.
Economics
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According to the World Bank and the International Monetary Fund, which of the following countries has shown the greatest rate of economic growth in the past two decades?
A) China B) Germany C) United States D) Mexico
Economics
Suppose an individual can earn 3 percent interest on an annual term deposit. His opportunity cost of holding $100,000 in cash instead of investing in the term deposit will be: a. $3,300
b. $330. c. $1,000. d. $6,000. e. $3,000.
Economics