Which of the Following Statements Concerning Political Values in the United

question 35

Multiple Choice

Which of the following statements concerning political values in the United States is true?

• A) American values often conflict with each other in practice.
• B) Because of their diversity, Americans do not share a similar set of core political values.
• C) The origins of American political values are found in the 1960s.
• D) American politics relies on its value neutrality.
• E) A belief in economic equality is the oldest and most strongly held American value.

---

Definitions:

Price of X

The cost or monetary value associated with acquiring, producing, or selling a good or service named X.

Quasilinear Preferences

Preferences characterized by a linear relationship in one good and non-linear in others, implying constant marginal utility for the linear good.

Consumer Surplus

The gap between the total price consumers are ready and able to spend for a good or service and what they actually spend.

Inverse Demand Function

A mathematical function that expresses the price of a good or service as a function of the quantity demanded, illustrating how price changes with variations in demand.