________ Representation Systems Are Those in Which Seats in the Legislature

question 15

Multiple Choice

________ representation systems are those in which seats in the legislature are allocated according to each political party's share of the popular vote.

• A)Plurality
• B)Populist
• C)Minority
• D)Democratic
• E)Proportional

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Definitions:

Confidence Index

A measure often used to gauge the sentiment or optimism among investors about the future economic outlook.

Short Interest

The aggregate amount of a specific stock's shares that investors have short sold and are yet to close or cover.

Diminishing Marginal Utility

A principle stating that as a person increases consumption of a product, there is a decline in the additional satisfaction a person gains from consuming one more unit.

Prospect Theory Loss Aversion

A concept from behavioral economics indicating that people feel the pain of losing money more acutely than they feel the pleasure of gaining the same amount.