Which of the Following Statements Is True of Trade Organizations

question 8

Multiple Choice

Which of the following statements is true of trade organizations?

• A) They are required to fund the Chamber of Commerce.
• B) They usually support policies that benefit specific industries.
• C) They are formed with the primary goal of working for the public good.
• D) They primarily represent the people over the age of sixteen who are working.
• E) They are formed with the main purpose of protecting consumer rights.

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Definitions:

Open-Market Sales

The selling of government securities in the open market to reduce the money supply and influence interest rates.

Money Supply

The total amount of money available in an economy at a particular time, including cash, coins, and balances held in checking and savings accounts.

Aggregate Demand

The summative desire for products and services within an economy, benchmarked at a constant price level over a set time frame.

Money Supply

The total funds available in an economy at a certain time, which include coins, cash, and deposits in checking and savings accounts.