Majority Rule Allocates Resources in the Way That

question 114

Multiple Choice

Majority rule allocates resources in the way that

• A)politicians choose.
• B)a majority of voters choose.
• C)democracies choose.
• D)all voters choose.
• E)the military chooses.

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Definitions:

Required Return

The expected yield that an investor demands for committing capital to an investment.

Required Return

The minimum return that investors expect from an investment considering the risk involved.

Grow at

Refers to the rate at which a company or an economic variable increases over a specified period.

Rate of Return

The net gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.