The Decision of Representative Democracies to Hold Regular, Free, and Competitive

question 36

Multiple Choice

The decision of representative democracies to hold regular, free, and competitive elections represents ______.

• A) an imperfect solution to the problem of delegation
• B) the perfect solution to the problem of delegation
• C) an imperfect solution to the problem of transaction costs
• D) a perfect solution to coordination problems

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Definitions:

Personnel

Employees or staff members of an organization, considered collectively as an important resource.

Signature Line

A space or line on a document where an individual writes their signature to provide authorization, consent, or agreement.

Job Application Form

A document that employers ask job candidates to fill out to collect their personal information, educational background, and work experience.

Authorization

The process of giving someone the right or permission to do or use something.