Which of the Following Statements Is True About the Class

question 31

Multiple Choice

Which of the following statements is true about the Class Action Fairness Act?

• A) It was designed to transfer the jurisdiction in class action tort suits from federal courts to state courts.
• B) It favored the plaintiffs of class action suits as federal courts usually give larger awards than state courts in these suits.
• C) It sharply reduced the number of class action suits filed in and removed to the federal courts.
• D) It gave federal courts jurisdiction over class action cases in which there are at least 100 class action members.

Understand the employment distribution in government sectors at the federal, state, and local levels.

Analyze the progressive nature of the federal tax system versus the regressive nature at other levels.

Describe how public funding supports national defense, healthcare, and the postal service in the U.S.

Identify and distinguish between different types of taxes (e.g., regressive, proportional, progressive).

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Definitions:

Specialization And Trade

A principle whereby individuals, firms, or countries produce a limited range of goods with higher efficiency and trade for other goods they are less efficient at producing.

International Trade

The exchange of goods and services between countries, driven by comparative advantages.

Exports And Imports

The transactions in goods and services where exports refer to selling domestically produced goods or services abroad, and imports are those bought from foreign producers.

Diverse Quantity

A variety in the amount or number of items or elements in a set.