Use the Following Information to Answer the Questions
Eight $\quad$

question 88

Multiple Choice

Use the following information to answer the Questions
Eight board members vote by approval voting on four candidates-A, B, C, and D-for new positions on their board as indicated in the following table. An X indicates an approval vote. $\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text { Voters }$
$\begin{array} { l l l l l l l l l } & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 \\\mathrm {A} & \mathrm { X } & \mathrm { X } & \mathrm { X } & \mathrm { X } & & \mathrm { X } & \mathrm { X } & \mathrm { X } \\\mathrm { B } & & \mathrm { X } & \mathrm { X } & & \mathrm { X } & \mathrm { X } & & \mathrm { X } \\\mathrm { C } & & \mathrm { X } & & \mathrm { X } & \mathrm { X } & & \mathrm { X } & \mathrm { X } \\\mathrm { D } & \mathrm { X } & & \mathrm { X } & \mathrm { X } & \mathrm { X } & \mathrm { X } & \mathrm { X } &\end{array}$
-Which candidate will be chosen for the board if just one of them is to be elected?

• A) A
• B) B
• C) C
• D) D

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Definitions:

Stagflation

A situation in the economy where inflation and unemployment rates are high simultaneously.

Keynesian Demand Management

A strategy based on Keynesian economics that entails adjusting the level of demand in the economy through monetary and fiscal policy to manage economic cycles.

Economy Control

The use of various tools and policies by a government to regulate and oversee the economy’s health and stability.

Stagflation

A condition of slow economic growth and relatively high unemployment – a period of stagnation – accompanied by rising prices (inflation).