Which of the Following Situations Is Most Likely to Be

question 21

Multiple Choice

Which of the following situations is most likely to be considered misleading or deceptive conduct in breach of ACL s18?

• A)An advertisement for a fast food outlet's latest Happiest Meal has a large picture of a toy beside the burger.However, no toy comes with purchase of the burger.
• B)An advertisement for a hair salon has a pretty young woman in a staff uniform posing in the picture.The pretty young woman is not a member of the salon's staff.
• C)A home improvement store proudly proclaims outside its shop 'Cheapest prices you will find in Melbourne!' A customer has found the same set of repair tools going for half the store's retail price in Brisbane.
• D)A fish shop prominently displays a large poster of its latest guppies imported from Africa.The image of the guppies on the poster is 2 metres in length.The actual size of the guppies is 1.5 centimetres.

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Definitions:

Government Expenditures

Represents the total spending by the government on goods, services, and public works.

Money Supply

The entire pool of monetary assets at a specific point in an economy's timeline.

Aggregate Demand

The aggregate bid for all goods and services in an economy, pegged at a given price level throughout an agreed-upon time period.

Price Expectations

Anticipations or forecasts by consumers and businesses about future prices, which can influence their current buying and selling decisions.