Which of the Following Accurately Describes an Indirect Democracy

question 31

Multiple Choice

Which of the following accurately describes an indirect democracy?

• A) Regular elections allow voters to choose representatives.
• B) Economic elites make decisions for the country as a whole.
• C) Social elites make decisions for the country as a whole.
• D) The people come together to discuss and decide on policy.
• E) The judicial system creates legislation.

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Definitions:

Maturity Value

The amount of money an investment will be worth at the end of its term, including the original principal and all accrued interest.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for the financing of payroll, accounts payable, and inventories.

Market Rate

The prevailing rate at which a specific asset can be bought or sold in the marketplace, often influenced by supply and demand.

Simple Interest

Interest charged exclusively on the principal sum, or on the part of the principal that has not been paid yet.