Turmoil Such as a Military Coup Is a Source of Which

question 35

Multiple Choice

Turmoil such as a military coup is a source of which type of political instability?

• A) Domestication
• B) Political sovereignty
• C) Political intervention
• D) Expropriation
• E) Political conflict

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Definitions:

Consumer Surplus

The difference in the amount consumers would ideally pay for a service or good versus what they really spend.

Producer Surplus

The imbalance between the desired compensation by producers for a good or service and the real income they secure.

Binding Price Ceiling

A government-imposed limit on the price of a commodity or service that is set below the market equilibrium price, causing a shortage.

Binding Price Floor

A government-imposed price control set above the equilibrium price, causing a surplus by forcing the price to be higher than what the market would naturally set.