What of the Following Correctly Describes the Process for Electing

question 4

Multiple Choice

What of the following correctly describes the process for electing the EU Commission president?

• A) The Commission president is elected by the European Council by qualified majority.
• B) The Commission president is proposed by the European Parliament and elected by the European Council by qualified majority.
• C) The Commission president is proposed by the European Council by qualified majority and elected by the European Parliament.
• D) The Commission president is proposed by the Council of the European Union by unanimity and elected by the Council of Europe.

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Definitions:

Inflation

A widespread inflation of prices leading to a diminished ability to purchase with money.

Short-run Phillips Curve

A graphical representation showing an inverse relationship between the rate of inflation and the rate of unemployment in an economy over the short term.

Inflation

The rate at which the wholesale price levels for goods and services ascend, diminishing economic purchasing strength.

Unemployment

The situation when individuals who are capable of working and willing to work are unable to find employment.