Explain the laws of supply and demand.
What will be an ideal response?
The law of demand tells us that people will buy more of something the cheaper it is and less of it the more expensive it is. The law of supply says that producers of goods and services are willing to produce more of a particular good or service as its price increases and less of it as its price goes down. Together, these two economic principles should regulate the free capitalist market, ensuring that as consumer demand for a good goes up, more of that good will be supplied, and the price will rise until it hits a point at which consumers are unable or unwilling to purchase the good, at which time the demand will drop, the price will fall, and less of the good will be supplied.
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Which of the following topics is NOT covered by Article I of the Constitution?
A. the impeachment process B. the origin of revenue bills C. congressional electoral procedures and qualifications D. powers that are denied to the states E. the role of political parties in the legislative process
If the Green Party receives 15 percent of the vote in a proportional system, which of the following is likely to happen?
A) The Green Party would receive no seats. B) The Green Party would try to form a coalition with other parties. C) The Green Party would attempt to gerrymander districts to their advantage. D) The Green Party would demand a recount of the votes.
In engaging in agenda setting, priming, and framing, the news media are ______.
a. telling the public what to think b. holding politicians accountable c. providing a neutral source of information d. demonstrating liberal bias e. telling the public what to think about