Which of These Is a Problem for American Democracy as the Growth

question 148

Multiple Choice

Which of these is a problem for American democracy as the growth of economic inequality increases?

• A) Those with a greater income are more likely to vote.
• B) Those with a greater income can, and do, make more contributions to political candidates.
• C) Those with a greater income give more money to advocacy groups.
• D) Those with a greater income have more information available to them.
• E) All of the above are correct.

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Definitions:

Unit Elastic

A situation where a change in price leads to an equal proportional change in the quantity demanded or supplied.

Price Elasticity

An assessment that depicts how variations in the price of a good affect the quantity of it that consumers want.

Oranges

Citrus fruits cherished for their juiciness, vibrant color, and sweet-tart flavor, often used in culinary dishes and beverages.

Complements

Goods or services that are used together such that the demand for one increases when the price of the other decreases.