In Summarizing the Concept of Democracy That It Thinks Is

question 12

Essay

In summarizing the concept of democracy that it thinks is necessary to evaluate a political system, the text lists three elements that must be addressed.
(a) The first of these elements "concerns the need for procedures to ensure the full and fair expression of political views (especially unpopular ones) and strict adherence to rules for electing representatives." What does the book state about the U.S. record on this issue? What evidence and arguments does the book present in support of this statement?
(b) The second element "assesses whether political leaders broadly reflect major social identities based on class, race, ethnicity, religion, gender, and region." What is the book's assessment of how the United States is doing on this issue?
(c) The third element "focuses on effective political responsiveness" and "the requirement that representatives promote the interests of their constituents." What is the book's assessment of how the United States is doing on this issue?

Calculate expected returns on portfolios using multifactor models.

Understand the risk-return relationship as defined by modern financial theories.

Recognize the role of macroeconomic factors in asset pricing (via multifactor models).

Understand the concept and process of constructing zero-investment portfolios for arbitrage.

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Definitions:

Soil Erosion

The process by which soil is removed from a location, often by wind, water, or human activity, leading to loss of fertility.

Pollination

In gymnosperms, the transfer of pollen from pollen cone to seed cone; in angiosperms, the transfer of pollen from anther to stigma.

Biodiversity

The variety and variability of life on Earth, encompassing the diversity of species, genetic variation, and ecosystems.

Antibiotics

Chemicals that interfere with the physiological activities, or structure, of bacteria.