The Founders Had Not Envisioned the Existence of Permanent Political

question 10

Multiple Choice

The Founders had not envisioned the existence of permanent political parties because they

• A) opposed anyone who disagreed with them.
• B) were not part of the early colonial governments.
• C) had existed in Britain.
• D) saw them as a sign of disloyalty and lack of national unity.
• E) had caused the fall of republican Rome.

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Definitions:

Price-Inelastic

A scenario where the demand for a good or service is relatively unchanged when the price varies.

Total Revenues

The total sum of money received by a company for goods sold or services provided during a certain period.

Grains

Refers to small, hard seeds, especially the seeds of plants such as wheat, corn, oats, barley that are used for food.

Price-Elastic

describes a market condition where the demand for a product changes significantly in response to a change in its price.