All of the Following Are True except

question 12

Multiple Choice

All of the following are true except

• A) in unitary systems, the power is held by the central government.
• B) in confederal systems, the power is held by the subdivisional units or states.
• C) in federal systems, the power is held jointly by the national government and the subdivisional units or states.
• D) in federal systems, the power is held by the national government.
• E) Options A, B, and C are true.

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Definitions:

Mandatory Retirement

A policy or rule that requires employees to retire at a certain age regardless of their wish or capability to continue working.

Labor Force

The total number of people employed and unemployed, who are actively looking for work and capable of working.

Marginal Benefit Curve

A graphical representation showing how the benefit (utility or satisfaction) to a consumer changes as consumption of a good or service increases.

Extra Benefit

The additional advantage or utility gained from consuming one more unit of a good or service.