The Day-To-Day Operations of a Political Party Are Usually Carried

question 7

Multiple Choice

The day-to-day operations of a political party are usually carried out by the party's ________, a full-time employee who oversees the staff, assists the chair, coordinates the work of the central committee and other party officials, and serves as a liaison with the national organizations.

• A)treasurer
• B)executive director
• C)party chair
• D)secretary
• E)vice chair

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Definitions:

Consumption

The process or activity of using goods and services, reflecting the end-use of products that directly satisfies human needs or desires.

Interest Rate

The ratio of a loan that is applied as interest towards the borrower, commonly presented as an annual percentage of the remaining loan.

Inflation

Inflation is the rate at which the general level of prices for goods and services is rising, eroding purchasing power over time.

Budget Line

A graphical representation of all possible combinations of two goods that can be bought with a given budget at fixed prices.