Which of the Following Statements Is Correct

question 11

Multiple Choice

Which of the following statements is correct?

• A)The demand for imports is given by the excess demand for the commodity
• B)the supply of exports is given by the excess supply of the commodity
• C)the supply curve of exports is flatter than the total supply curve of the commodity
• D)all of the above

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Definitions:

Taxpayers

Individuals or entities legally obligated to pay taxes to governmental authorities.

Unorganized Interest Effect

Impact or influence arising from a group or sector that lacks formal representation or structure in lobbying or policy-making processes.

Electrical Appliances

Devices operated by electricity that are used for household functions such as cooking, cleaning, or personal care.

New Regulations

Recently implemented rules or laws designed to control or govern conduct, usually within a specific activity or industry.