Due to the Difficulty to Call Snap Elections and the Constructive

question 33

Multiple Choice

Due to the difficulty to call snap elections and the constructive vote of no confidence, only ___________ has an entire government been replaced with a new one.

• A) one time
• B) two times
• C) three times
• D) four times
• E) five times

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Definitions:

Break-Even

The instance where cumulative spending equals cumulative earnings, causing neither a financial gain nor a deficit.

Variable Costs

Costs that vary directly with the level of production or output.

Fixed Costs

Fixed expenses that are unaffected by the amount of goods produced or sold, for example, rent, salaries, and insurance payments.

Profit

Profit is the financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.