Which of the Following Is a Justification Given for Laws

question 22

Multiple Choice

Which of the following is a justification given for laws that control data flows across national borders?

• A) promote economic imperialism
• B) protect a domestic industry
• C) protect individual privacy
• D) both B and C

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Definitions:

Normal Goods

Normal goods are those whose demand increases as consumer income increases, reflecting a direct relationship between income and the demand for these goods.

Indifference Curves

Graphical representations in economics showing different combinations of two goods that provide equal satisfaction and utility to a consumer.

Optimal Consumption

The allocation of resources and consumption of goods and services in a way that maximizes an individual's utility or satisfaction.

Loaves

Units or portions of bread, symbolizing basic food items in economic terms or transactions.