Which Democratic Function of Political Parties Was Nonexistent Until the Early

question 82

Multiple Choice

Which democratic function of political parties was nonexistent until the early twentieth century and has given voters greater input into politics?

• A)party machines
• B)party nominations
• C)policy coordination
• D)primary elections

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Definitions:

Potential Output

The highest level of real gross domestic product (GDP) that can be sustained over the long term without increasing inflation, reflecting the maximum productive capacity of an economy.

Short-Run Aggregate Supply

The total production of goods and services in an economy at different price levels in the short-term, considering wages and resource prices as sticky.

Short-Run Aggregate Supply

The total production of goods and services in an economy at different price levels over a short period, during which some production costs are fixed.

Potential Output

The highest level of real GDP that can be sustained over the long term without increasing inflation.