Which of the Following Is TRUE

question 17

Multiple Choice

Which of the following is TRUE?

• A) Voter turnout tends to be higher in national elections rather than in state and local elections and turnout for presidential elections tends to be higher than for off-year elections.
• B) Decline in voter turnout is related to several factors including confusion and burnout among potential voters and declining party competitiveness.
• C) Voter turnout varies considerably by class, age, and educational levels.
• D) As a result of both uneven and lower voter turnout, elected officials are receiving less guidance from a narrower subset of the people.
• E) All of the above statements are true.

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Definitions:

Equilibrium World Price

The price of an internationally traded product that equates the quantity of the product demanded by importers with the quantity of the product supplied by exporters; the price determined at the intersection of the export supply curve and the import demand curve.

Exports Supplied

Goods or services provided by one country to another in exchange for payment or trade.

Imports Demanded

The total quantity of goods and services that consumers in a country wish to purchase from abroad at a given price level.

Import Quotas

Government-imposed limits on the quantity or value of goods that can be imported into a country.