What Was the Name of Justin Trudeau's Most Powerful Cabinet

question 45

Multiple Choice

What was the name of Justin Trudeau's most powerful cabinet committee?

• A) Operations
• B) Economic Affairs
• C) Social Affairs
• D) Agenda, Results and Communications
• E) Priorities and Planning

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Definitions:

Inferior Good

An inferior good is a type of good whose demand decreases when consumer income rises, unlike normal goods, for which the opposite is observed.

Income

Earnings received by an individual or entity in exchange for labor or investment, typically expressed in monetary terms.

Demand Curve

A pictorial representation that maps out the correlation between a good's price and its demand over an allotted time.

Laws of Supply and Demand

Economic principles stating that the price of a good is directly related to its availability (supply) and the desire for it (demand), with high demand and low supply leading to high prices, and vice versa.