Which of the Following Is a Characteristic of the New

question 27

Multiple Choice

Which of the following is a characteristic of the New System?

• A) A large policy agenda
• B) The diffusion and decentralization of power in Congress
• C) The multiplication of interest groups
• D) The end of debate over the legitimacy of government action
• E) All of the above

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Definitions:

Real Wages

Wages adjusted for inflation, reflecting the actual purchasing power of income.

Output

The total quantity of goods and services produced by a business, industry, or economy within a specified period.

Competition

The rivalry among businesses or individuals for resources, customers, and market share.

High Wages

Refers to compensation levels that are significantly above the average for a job or industry, typically in response to skill shortages, high demand, or exceptional performance.