Which Principle of Traditional Democracy Theory Is Violated in Circumstances

question 10

Multiple Choice

Which principle of traditional democracy theory is violated in circumstances in which the wealthy have influence over the government's policy agenda that far exceeds what would be expected based on their numbers?

• A)citizen control of the agenda
• B)effective participation
• C)enlightened understanding
• D)equality in voting

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Definitions:

Marginal Social Benefit

the additional benefit to society as a whole from consuming one more unit of a good or service.

Marginal Social Cost

The additional cost imposed on society as a whole by producing one more unit of a good or service.

Marginal Benefit Curve

A visual chart illustrating the variation in consumer advantage as the amount of a product or service rises.

Private Market

A part of the financial market in which financial instruments and assets are traded that are not available on the public stock exchanges.