When Used in a Legal Context the Term 'Bicameral' Refers

question 54

Multiple Choice

When used in a legal context the term 'bicameral' refers to:

• A)The parliament consisting of two Houses, an Upper House and a Lower House.
• B)The separation of power between federal and state governments.
• C)The authority of the Governor General.
• D)The ban on the filming of parliamentary sessions.

---

Definitions:

Invisible Hand

A metaphor introduced by Adam Smith to describe the self-regulating nature of the marketplace, where individual self-interests unintentionally benefit society as a whole.

Price Mechanism

The way in which prices rise and fall as a result of changes in demand and supply, guiding the allocation of resources in a market economy.

External Benefit

A benefit from a good or service that is received by someone not directly involved in the transaction or production of that good or service, also known as a positive externality.

Pollution

The introduction of contaminants into the natural environment that cause adverse changes and harm to the ecosystem.