Which of the Following Is True About Henry Kissinger

question 117

Multiple Choice

Which of the following is true about Henry Kissinger?

• A) He believed that human nature was basically good and that people would do the right thing if left alone.
• B) He believed in Realpolitik .
• C) He came to his foreign-policy post in Washington with little knowledge of international relations.
• D) He served as the president's national security adviser but failed to become secretary of state because he lacked the willingness to act ruthlessly when opponents placed obstacles in his path.

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Definitions:

Perfectly Elastic

A situation where a small change in price leads to an infinite change in quantity demanded or supplied, depicted as a horizontal line on a graph.

Perfectly Inelastic

A situation in which the quantity demanded or supplied does not change regardless of changes in price.

Purely Competitive

A purely competitive market is characterized by many buyers and sellers, homogeneous products, and no single entity having market control, leading to price determination by supply and demand forces.

Elastic

Refers to the degree to which the demand or supply for a product or service changes in response to a change in price.