Members of the Duma Are Elected

question 8

Multiple Choice

Members of the Duma are elected

• A) through direct national elections that operate under first-pass-the-post (single member district-plurality) rules.
• B) through direct national elections that operate under proportional representation.
• C) in staggered intervals so that only a portion of the chamber is up for reelection at any given time.
• D) at the same time as the president.
• E) through closed elections held by each party.

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Definitions:

Monopolistically Competitive

In a monopolistically competitive market, many firms sell products that are similar but not identical, allowing for competition based on quality, price, and branding.

Long-Run Equilibrium

A state in economics where all factors of production are fully adjusted to market conditions, leading to a steady state where no incentives exist for further adjustment.

Demand Curve

A graphical representation that displays the relationship between the price of a good or service and the quantity demanded by consumers over a period of time.

Average Total Cost

The sum of all production costs (both fixed and variable) divided by the amount of product made.