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The short-run aggregate supply curve is upward sloping because in the short run,costs of many factors that go into producing goods and services are ________,meaning that the price for a unit of output will ________ relative to input prices and the profit per unit will rise.
Political Parties
Are organizations that compete for control of government. In the process, they give voice to policy alternatives and rally adult citizens to vote.
Pluralist
Pluralism is a concept that suggests a diverse, multicultural society where multiple groups maintain their distinctive cultural identities while coexisting with one another, often in a democratic framework.
Elite
A group or class of people considered to be superior in status, power, ability, or wealth in a society or organization.
Power Resource Theories
A group of theories arguing that the balance of power among classes and groups determines the outcome of their interactions, including policy decisions.
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