According to the Text, All of the Following Are Reasons

question 23

Multiple Choice

According to the text, all of the following are reasons why the United States has had a two-, rather than a multi-party system, except

• A) the widespread use of the plurality system of voting.
• B) the winner-take-all procedure used to elect the president.
• C) the widespread use of proportional representation.
• D) media bias against third parties.
• E) Republican and Democratic actions that marginalize other parties.

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Definitions:

Annuity

A financial product that pays out a fixed stream of payments to an individual, typically used as an income stream for retirees. It's a contract between an individual and an insurance company.

Utility Function

A utility function is a mathematical representation of a consumer's preference ranking for different bundles of goods, indicating the total satisfaction or utility derived from consuming these goods.

Wealth

The abundance of valuable resources or material possessions, or the control over such assets.

Subjective Measure

An assessment based on personal opinions, feelings, or attitudes, rather than objective, measurable criteria.