Prospective Voting Is Characterized by

question 25

Multiple Choice

Prospective voting is characterized by

• A)a sudden shift in the vote from one party to another.
• B)choices based on party loyalty.
• C)choices based on a candidate's past performance.
• D)choices based on what candidates promise to do if elected.
• E)the symbolism of a candidate's personality.

---

Definitions:

Semiannual Interest

Refers to the payment of interest on a loan or financial instrument every six months.

Bond Premium

The excess value of a bond above its face value in the marketplace.

Straight-Line Method

A depreciation method that allocates an equal amount of the depreciable cost of an asset to each year of its useful life.

Semiannual Interest

Interest that is calculated and paid twice a year.