Which of the Following Statements About the REAL ID Act

question 5

Multiple Choice

Which of the following statements about the REAL ID Act is not true?

• A) The REAL ID Act required states to issue new driver's licenses with stronger verification of identities before licenses are issued.
• B) The driver's licenses mandated by the REAL ID Act have security features designed to prevent tampering, counterfeiting, and duplication.
• C) Legislatures in about half the states passed laws or resolutions opposing the REAL ID Act.
• D) Between 70 and 80 percent of US drivers now hold licenses from states that meet the standards of the REAL ID Act.
• E) Congress repealed the REAL ID Act after many states refused to issue new driver's licenses.

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Definitions:

Squared Market Shares

A measure often used in calculating market concentration, where the market shares of all firms in the market are squared and then summed.

Concentration Ratio

An economic metric that assesses the total market share controlled by the top firms within an industry.

Rivals

Competitors in a market vying for the same customers or resources.

Reactions

Responses or adjustments made by individuals, markets, or materials to external changes or stimuli.