Which of the Following Leadership Positions Are Chosen by Popular

question 8

Multiple Choice

Which of the following leadership positions are chosen by popular vote?

• A) members of the Majlis
• B) Supreme Islamic jurist
• C) Revolutionary Guards
• D) Council of Guardians

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Definitions:

Fiat Money

Currency that has value and is legally recognized for transactions solely because of a government decree, without backing by a physical commodity.

Fractional Reserves

A banking system in which banks hold a fraction of their depositors' funds in reserve, lending out the remainder to earn interest.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen, representing the benefits an individual, investor, or business misses out on when choosing one option over another.

Fiat Money

Currency that a government has declared to be legal tender, despite it lacking intrinsic value and not being backed by physical commodities.