Which of the Following Is NOT One of the Conditions

question 30

Multiple Choice

Which of the following is NOT one of the conditions that must be met to establish causality?

• A) There must be consistent variation between the cause and the effect
• B) The time order of the cause and the effect must be correct
• C) There must be multiple causes for each effect
• D) Other explanations must be eliminated
• E) All of the above are true

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Definitions:

Black Market Activities

Transactions that take place outside of officially sanctioned channels, often illegal or unregulated by the government.

Market Efficiency

The degree to which market prices reflect all available, relevant information, leading to optimal allocation of resources.

Quota

A regulatory limit on the quantity or value of a particular product that can be traded or produced.

Price Floor

A government or group-imposed price control that sets the minimum price at which a product can be sold.