The Bar Graph Below Shows the Political Party Affiliation of 1000

question 24

Multiple Choice

The bar graph below shows the political party affiliation of 1000 registered U.S. voters. What percentage of the1000 registered U.S. voters belonged to one of the traditional two parties (Democratic and Republican) ?

• A) 75%
• B) 40%
• C) 35%
• D) 25%

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Definitions:

Profit Income

The financial gain that results when the revenue from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.

Market System

In this economic framework, the determination of investment, production, and distribution is influenced by the market signals emanating from the interplay of supply and demand.

Economic System

The mechanism or set of processes by which a society organizes and distributes its resources, goods, and services.

Factors Of Production

The four economic resources: land, labor, capital, and entrepreneurial ability.