The Writers of the Constitution Devised the Electoral College as the Method

question 15

Multiple Choice

The writers of the Constitution devised the Electoral College as the method of choosing presidents because

• A)direct election was impractical,due to the poor systems of communication and transportation that existed in the late 1700s.
• B)that method would shield executive power from direct linkage to popular majorities.
• C)that method guaranteed a majority winner.
• D)that method would give weight to the preferences of ordinary people.
• E)the framers had a great deal of faith in the wisdom of the masses.

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Definitions:

Internal Rate of Return (IRR)

A financial metric used to evaluate the profitability of investments, representing the discount rate that makes the net present value of all cash flows from a particular project equal to zero.

Cost of Capital

The rate of return that a company must pay to its capital providers, including both equity and debt holders, for using their capital in the business.

Financing Pressure

The stress or difficulty a company faces in securing funds to finance its operations or expand its business.

Liquidity

The extent to which an asset or security can be quickly bought or sold in the market without affecting its price.