What Is NOT a Factor in Determining the Difference Between

question 47

Multiple Choice

What is NOT a factor in determining the difference between hard and soft law?

• A)Obligation
• B)Precision
• C)Delegation
• D)Relative power

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Definitions:

Population

The total number of individuals inhabiting a specific area or country.

Consumption

The use of goods and services by households. It is the largest component of aggregate demand in an economy.

Underground Economy

Economic activities that occur outside of government regulation and taxation, including both illegal activities and unreported income from legal work.

Intermediate Goods

Products used in the production process to make other goods, not including raw materials.