1. Why do economists use real GDP rather than nominal GDP to gauge economic well-being? Real GDP is the production of goods and services valued at constant prices. Nominal GDP is the production of goods and services valued at current prices. Real GDP rather than nominal GDP to gauge economic well-being because real GDP is not affected by changes in prices‚ so it reflects only changes in the amounts being produced. If nominal GDP rises‚ you do not know if that is because of increased production or
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judge-made law is a law rooted in a judiciary decision‚ not an act of legislation made by lawmakers or a regulation created by a government agency with the legal authority to do so. The collective body of judge-made laws in a nation is also known as case law. Many nations allow judges to set legal precedents when making high court decisions‚ adding to the body of law in a nation and providing new interpretation of existing laws. Lower courts do not have the authority to make judge-made law. Only judges
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University of London Common Law Reasoning Institutions Essay Title: “There can be no real argument about it: judges make law. The declaratory theory is more or less nonsense.” Student Number: 120448995 Candidate Number: 150573 Historically there are lots of arguments by the philosophers and the critics that judges make law or not. Actually judges are meant only to interpret the law. This can be seen that somehow they are making law but the question arises whether this is lawful
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DO JUDGES MAKE LAW? There are two main sources of English Law- legislation and cases. When interpreting legislation judges must ascertain the intention of Parliament and‚ except insofar as they apply the mischief rule of interpretation‚ they do not make law. Traditionally and due to the doctrine of the separation of powers judicial role is really not properly legislative at all‚ but consist merely in stating what the existing law actually is‚ and interpreting authoritatively doubtful points as
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I believe gun control laws do not stop gun violence because of the killing population. If the gun control laws stop the violence the death crime wouldn’t be so high. Criminals don’t seem to care about the laws. Criminals continue to carry guns looking for trouble. Gun control laws doesn’t seem to affect criminals. Some criminals even feel as regardless of what‚ they are going to do what they want to do. I believe if the gun control laws were strict and had more consequences behind it the crimes may
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Curley’s Wife – do you dislike her or feel sorry for her? Dislike her: We should dislike CW because she is horrible to other people‚ especially those who are weaker than her. “what am I doing standing her with a dumb-dumb‚ a nigger…” For example‚ she says to Crooks “you know what I can do to you if you open your trap.” which shows her using her power against him as she has the power to get him hung.. When she tells him to get back into his place she is reminding him of how low he is because he is
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I.- Why do people lie? Everybody lies. It may only be “white” lies‚ but everyone tells lies or “omits the truth” sometimes. We start lying at around age 4 to 5 when children gain an awareness of the use and power of language. This first lying is not malicious‚ but rather to find out‚ or test‚ what can manipulated in a child’s environment. Eventually children begin to use lying to get out of trouble or get something they want. White lies‚ those concocted to protect someone’s feelings‚ are not
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Your Name Teacher’s Name Class Name Date Written Assignment One: Influential Economists Adam Smith‚ David Ricardo and John Stuart Mill are all economists that came from the era of classical economics. This era has been said to be the first school of economic thought which consists of theories and ideas that soon became political economy and economics from the earliest days. Smith‚ Ricardo‚ and Mill have created and implemented theories that still exist in present day economics. One conjecture
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Why do people lie? Do you dislike people who lie? Why do you dislike being lied to? It is a matter of trust. There is really nothing more sacred in a relationship than trust for one another. We all lie from time to time. It is almost reasonable to say that lying is an instinct because even young children lie without realizing it. Being lied to is frustrating and it breaks a bond of trust between two people‚ causing problems in their relationship. Why do people lie? For self-defense‚ to spare feelings
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INSANITY AND THE LAW Insanity and the Law: Various Rules Regarding the Insanity Defense and Which Rule for Judging Legal Insanity is Most Useful Today. Lisa E. Thomason ITT Technical Institute‚ Criminology The various rules used for determining insanity are the M’Naghten‚ the Irresistible Impulse Test‚ the Durham rule‚ substantial-capacity test‚ Brawner rule‚ and the guilty but mentally ill (GBMI) rule. They range from completely mentally incapacitated to mentally ill but can possible
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