Which of the Following in an Example of an Economic

question 49

Multiple Choice

Which of the following in an example of an economic bad?

• A)Corruption
• B)Bureaucracy
• C)Pollution
• D)A five year old car
• E)Life insurance

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Definitions:

House of Representatives

The lower chamber of the United States Congress, consisting of elected officials from various districts across states, serving two-year terms.

Standing Committees

Permanent committees in legislative bodies, such as the U.S. Congress, tasked with overseeing legislation within specific subject areas, such as finance or foreign relations.

Congress

Congress is the bicameral legislature of the United States, consisting of the Senate and the House of Representatives, responsible for making the country's laws.

Policy Areas

Specific domains or sectors in which government or organizations establish and implement rules and regulations, such as health, education, and environment.