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Use the following to answer question:
-(Figure: Consumer Equilibrium III) Use Figure Consumer Equilibrium III.Which of the following statements is TRUE?
Competitive Elections
Elections characterized by a transparent, fair process where multiple political entities have a genuine opportunity to obtain power.
Representative
Someone who is elected or appointed to act or speak for others.
Democratic
Relating to or supporting democracy, a system of government in which power is vested in the hands of the people, either directly or through elected representatives.
Campaign Contributions
Financial donations given to political candidates or parties to support their election campaigns.
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