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Suppose that when the price of ice cream increases,Liza decreases her purchase of hot fudge.To Liza
Liberals
Individuals or groups advocating for policies that emphasize civil liberties, democratic principles, and the use of governmental power to foster social progress.
Conservatives
A political ideology emphasizing the value of traditional institutions and practices, limited government, and, often, a free-market economy.
Socialists
Individuals or groups advocating for a political and economic system where production, distribution, and exchange are owned or regulated by the community as a whole.
Federalists
A political group that supported the ratification of the Constitution and favored a strong national government.
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