Which of the Following Is True Regarding Statutory Interpretation

question 132

Multiple Choice

Which of the following is true regarding statutory interpretation?

• A) All jurisdictions follow the same statutory principles of construction.
• B) The plain-meaning rule is very simple to apply.
• C) An interpretation of the statute by a higher court is binding on the lower courts within the jurisdiction.
• D) Only the legislative intent is useful as a method of statutory interpretation.
• E) All of these choices are correct.

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Definitions:

Equilibrium

Equilibrium is a state in which all forces or influences are balanced, in economic terms, it refers to the point where supply equals demand, resulting in market stability.

Spending Multiplier

The ratio of the change in total output induced by an autonomous change in aggregate spending to the size of that autonomous change.

Output Changes

This term refers to variations in the level of production or output in an economy over a specific period.

Aggregate Demand Curve

A graphical representation showing the relationship between the total demand for all goods and services in an economy and the overall price level.