Countries That Restrict Competition in Elections Such That One Party

question 12

Multiple Choice

Countries that restrict competition in elections such that one party is almost assured of victory are considered:

• A)liberal democratic.
• B)nondemocratic.
• C)bureaucratic.
• D)accountable.

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Definitions:

Equilibrium Wage

The wage level at which the quantity of labor demanded by employers matches the quantity of labor supplied by workers, leading to a stable employment situation.

Labor Supplied

Labor supplied refers to the total hours that workers in an economy are willing and able to work at a given wage rate.

Unemployment Insurance

A government program that provides temporary financial assistance to workers who have lost their job and meet certain eligibility requirements.

Minimum-Wage Law

Legislation that sets the lowest hourly rate that can be paid to workers, intended to ensure a minimum standard of living for employees.