A Descriptive Mark That Is Initially Unavailable for Protection Can

question 59

Multiple Choice

A descriptive mark that is initially unavailable for protection can still become protectable if it acquires __________ meaning.

• A) descriptive
• B) geographic
• C) personal
• D) secondary

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Definitions:

Sticky Downward

A situation in economics where prices, especially wages, are resistant to decreasing even in conditions where a decrease would be expected.

Net Taxes

Net taxes are the total taxes paid to the government after subtracting transfers and subsidies received from the government.

Real GDP

The calculation of a nation's economic productivity accounting for variations in prices, such as inflation or deflation, to represent the true worth of its produced goods and services.

Classical Economists

A group of economists in the late 18th and early 19th centuries who believed in the idea of self-regulating markets, emphasizing free competition and minimal government intervention.