When Are Regimes Considered to Be in a Democratic Consolidation

question 33

Multiple Choice

When are regimes considered to be in a democratic consolidation phase?

• A) When traditional elites are consolidated in power
• B) When political actors are no longer in debate over adopting an authoritarian regime
• C) When political actors are debating over adopting a democratic regime
• D) When political structures are no longer democratic
• E) When political actors are no longer in debate over adopting a democratic regime

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Definitions:

Discount Rate

The interest rate charged to commercial banks and other financial institutions for loans received from a central bank's discount window.

Nondiversifiable Risk

A type of risk that affects all investments across a market and cannot be mitigated through diversification.

Capital Asset Pricing Model

A theoretical framework used to determine the expected return on an investment by accounting for its inherent risk, usually represented as the risk-free rate plus the risk premium.

Risk Premium

Maximum amount of money that a risk-averse individual will pay to avoid taking a risk.