-Refer to the Diagram Above

question 74

Multiple Choice

-Refer to the diagram above.Based on demand curve D and supply curve S,the dollar value of consumer surplus is

• A) $240.
• B) $200.
• C) $180.
• D) $160.
• E) $120.

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Definitions:

Proportional Representation

A voting system where the distribution of seats among parties is directly proportional to the amount of votes they receive.

Voter Registration

The process by which eligible citizens register with governmental authorities to be allowed to vote in elections.

2004 Election

Refers to the United States presidential election held in 2004, where incumbent President George W. Bush was re-elected, defeating Democratic challenger John Kerry.

Federal Government

The national government of a federated state, which holds the authority over the entire country and is responsible for national level decisions and policies.