Nonelectoral Forms of Participation Usually Require More ________ Than Voting

question 43

Multiple Choice

Nonelectoral forms of participation usually require more ________ than voting.

• A) time, money, and effort
• B) knowledge, passion, and cynicism
• C) information, trust, and strategic thinking
• D) economic security, perseverance, and alienation
• E) intelligence, pessimism, and mobilization

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Definitions:

World Price

The global equilibrium price of a good or service determined by worldwide supply and demand.

Consumer Surplus

Consumer surplus refers to the difference between what consumers are willing to pay for a good or service and what they actually pay.

Producer Surplus

The difference between what producers are willing to accept for a product versus what they actually receive, usually seen as a measure of producer welfare.

Export Sector

The part of a country's economy that is involved in producing goods and services for sale in foreign markets.