Question : 101.The convergence theory based the idea of: A. decreasing marginal returns. B. decreasing income : 1379086

Economics

101.The convergence theory is based on the idea of:

A. decreasing marginal returns.

B. decreasing income per capita.

C. increasing rates of income per capita.

D. increasing opportunity costs.

102.When a country adds more capital to its existing stock:

A. the additional productivity is less than the previous increases to productivity.

B. the additional productivity is more than the previous increases to productivity.

C. it experiences rapidly increasing rates of growth.

D. it experiences rapid declines in its level of income.

103.When a country continually adds more capital to its existing stock:

A. productivity will increase at a decreasing rate.

B. productivity will increase at a decreasing rate.

C. productivity will decrease at a decreasing rate.

D. productivity will decrease at an increasing rate.

104.Countries that start with very little physical capital will get a:

A. higher return from adding a unit of capital than a country that starts at a higher initial level will.

B. lower return from adding a unit of capital than a country that starts at a higher initial level will.

C. similar return from adding a unit of capital than a country that starts at a higher initial level will.

D. higher return from adding a unit of capital the more natural resources they possess.

105.The basic idea behind the convergence theory is:

A. that countries starting at low levels of will tend to grow at much faster rates than those starting with high levels of income.

B. each additional unit of capital provides larger gains when you’re coming from behind.

C. also the basic idea behind the catch-up effect.

D. All of these are true.

106.The convergence theory predicts that:

A. even if countries differ in their rates of savings, population growth, and other features, they will still converge to the same growth rate, although not the same level of income.

B. countries that start out poor should initially grow faster than ones that start out rich, but will eventually slow to the same growth rate.

C. poor countries are not generally expected to sustain a high growth rate and surpass the existing rich countries.

D. All of these are predicted by the convergence theory.

107.According to convergence theory, countries that start out poor should initially grow:

A. faster than ones that start out rich, but will eventually slow to the same growth rate.

B. slower than ones that start out rich, but will eventually grow to the same growth rate.

C. faster than ones that start out rich, and will eventually surpass their level of income.

D. slower than ones that start out rich, and therefore will never reach a similar growth rate.

108.When looking at real world data, we see that:

A. the convergence theory holds nearly universally.

B. the convergence theory holds for some countries, but not others.

C. the convergence theory does not hold empirically.

D. the convergence theory was proved false.

109.The investment trade-off:

A. is a reduction in current consumption to pay for the investment in capital intended to increase future production.

B. is why countries don’t devote all their resources to capital investment.

C. defines the opportunity cost of capital investment.

D. All of these are true.

110.A reduction in current consumption to pay for the investment in capital intended to increase future production is known as the:

A. consumption effect.

B. substitution effect.

C. investment trade-off.

D. income effect.

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July 1, 2023

Paula Plaintiff's Really Bad Week, Part 1

Introduction

In this assignment, you’ll need to decide whether Paula Plaintiff has any legal claims arising from a series of unfortunate events. After reading the scenario, answer the questions that follow, making sure to fully explain the basis of your decision.

Paula Plaintiff is shopping at her favorite store, Cash Mart. She is looking for a new laptop, but she can’t find one she likes. Then, realizing that she is going to be late for an appointment, she attempts to leave the store, walking very fast. However, before she can leave, she is stopped by a security guard who accuses her of shoplifting. Paula, who has taken nothing, denies any wrong doing. The officer insists and takes Paula to a small room in the back of the store. The guard tells Paula that if she attempts to leave the room she will be arrested and sent to jail. At this point, the guard leaves the room. Paula is scared and waits in the room for over an hour until the manager comes in and apologizes and tells Paula that she is free to go.

About this same time, Geoffrey Golfer is hitting golf balls in his backyard. Geoffrey decides to break out his new driver and hits a golf ball out of his backyard into the Cash Mart parking lot. The golf ball hits Paula Plaintiff on the head and knocks her unconscious just as she is leaving the store.

Instructions

In a 6–10 paragraph paper, answer the following questions:

· What types of legal claims could Paula make against Cash Mart and Geoffrey? Consider the following:

o What are the possible tort claims that Paula can make against Cash Mart? Discuss the elements of the claim and how those elements relate to the facts in the scenario.

o Was Geoffrey negligent when he hit the golf ball that injured Paula? Discuss the elements of negligence and use facts from the scenario to support your decision.

o If Paula files a negligence claim against Geoffrey will she file in civil court or criminal court? Explain the difference between civil court and criminal court.

You will create and submit your assignment by using the ecree link. Just click on the link and start writing. Your work will be saved automatically. You’ll see some feedback on the right-hand side of the screen, including text and videos to help guide you in the writing process. When you’re ready, you can turn in your assignment by clicking Submit at the bottom of the page.

Click the assignment link to start your assignment in ecree. Please note that ecree works best in Firefox and Chrome.

This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course.

In addition to your textbook, you have access to Nexus Uni through the Strayer University Library. Please take advantage of this excellent legal resource!

The specific course learning outcome associated with this assignment is:

· Determine if a plaintiff can make legal claims based on the events in a given scenario.