In: Economics
49. Which of the following is the most logically sound proof in favour of God’s existence?
(A) \Every society throughout human history has had some notion of God, and there-fore God must exist."
(B) \I feel God’s existence through the Holy Spirit, and therefore know that He exists."
(C) \Everything that begins to exist has a cause. The universe began to exist. There-fore, the universe has a cause, which I call God."
(D) \It is ridiculously unlikely that the universe just came into existence the way it is now, without some supernatural intervention. Therefore, God exists."
50. Which of the following NOT a method of incomplete induction?
(A) Via online surveys on SurveyMonkey.
(B) Online surveillance.
(C) Reading people’s diaries.
(D) Polling every single person you’re interested in.
51. The United States historically had the institution of slavery. This meant that there was a market for slaves. According to the textbook, what impact did Eli Whitney’s invention of the cotton gin have on the market for slaves?
(A) Supply increased.
(B) Supply decreased.
(C) Demand increased.
(D) Demand decreased.
49. The correct answer is ( D ).
The most logically sound proof in favour of God's existence is the statement that it is very unlikely that the universe came into existence the way it is now, without any supernatural intervention. With various mountains, rivers, and various other physical structures around the world it is very unlikely to believe that it just came into existence on its own.
Other statements are not logically sound to convince presence of God.
50. The correct answer is ( B ).
In simple words incomplete induction is a method of obtaining new knowledge, the premises and conclusion of which contain the same information.
All the three options other than ( B ) are aimed at obtaining information from people at a personal level such as through online surveys, or through going through people's diaries, or even through polling.
51. The correct answer is ( C ).
After Eli Whitney's invention of the cotton gin, processing cotton got easier, which resulted in greater availability of cheaper cloth. But the invention caused increase in the number of slaves needed to pick the cotton which caused increase in demand for slaves.