In Early Thirteenth-Century England,King John Had Few Formal Limits on His

question 9

Multiple Choice

In early thirteenth-century England,King John had few formal limits on his power,yet he needed the permission of the Catholic Pope to marry many of his potential spouses and needed the cooperation of English nobles to wage war.A general term for a political system with such informal limits on power is

• A)plutocracy.
• B)indirect government.
• C)teleological government.
• D)authoritarian government.
• E)totalitarian government.

---

Definitions:

Elasticity Coefficient

A numerical measure of the responsiveness of the quantity demanded or supplied of a good or service to a change in one of its determinants, such as price.

Elastic

Describes a situation in economics where the demand for a product or service significantly changes in response to a price change.

Substitution Effect

The change in consumption resulting from a change in the relative prices of goods, leading consumers to substitute one good for another.

Relative Price

The price of one good or service compared to another, usually expressed as a ratio or quotient.