What Did Eighteenth-Century British Writer and Legislator Edmund Burke Believe

question 14

Multiple Choice

What did eighteenth-century British writer and legislator Edmund Burke believe?

• A) That elected officials should act as trustees for their constituents
• B) That while representatives must pay careful attention to public opinion, they must also maintain their independence of thought and action
• C) That a natural aristocracy, made up of the best and brightest, should govern
• D) That the trustee theory of representation worked
• E) All of the above

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Definitions:

Shortage

A market condition characterized by the demand for a product exceeding its supply, often leading to increased prices.

Equilibrium Price

The price at which the quantity of a product offered for sale matches the quantity being demanded, resulting in no net surplus or shortage in the market.

Supply Curve

A graph that shows the relationship between the price of a good and the quantity supplied.

Price Ceiling

A government-imposed limit on the maximum price that can be charged for a product or service.