Market for Plck-Up trucks in China (Aug 2016)Afer decades of banning Pickup trucks to curb congestion and

pollution, the Chinese government is easing the restrictions by October on pick-up trucks in four major Chinese

provinces.

1

The phrase, "the Chinese government is easing the restrictions in the above snippet, points to

a. the variable

b. the Real life example

.neither

2)Farm goods/agriculture. This snippet appeared in April 2020: The Administration has agreed to a second

bail out for farmers of $16 billion as a result of the hostile trade policies with China The Real Ufe

example and corresponding variable are

a)bail out' is the real life example and taste the corresponding variable

b) bailout" is the real life example and cost of production the corresponding variable.

c) bail out is the real life example and 'price is the corresponding variable