A National Vote on a Policy Issue Called by the Government

question 14

Multiple Choice

A national vote on a policy issue called by the government is known as a(n) :

• A)referendum.
• B)plebiscite.
• C)initiative.
• D)voluntary ballot.
• E)mass ballot.

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Definitions:

Quantity Demanded

The quantity of a product or service that buyers are ready and capable of buying at a certain price.

Complements

Items or services that complement each other in such a way that a rise in demand for one results in a rise in demand for its counterpart.

Demand Curve

A graph that represents the relationship between the price of a good or service and the quantity demanded by consumers.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.