When Hubert Humphrey Won the Democratic Nomination for the Presidency

question 7

Multiple Choice

 When Hubert Humphrey won the Democratic nomination for the presidency in 1968,he did so 

• A) without spending money on advertising. 
• B) with considerable assistance from Republican voters. 
• C) without raising money. 
• D) in spite of opposition from party bosses. 
• E) without competing in a single state primary.

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Definitions:

Ordinary Simple Interest

Interest calculated on the principal amount of a loan or investment, based on a simple calculation and not compounded.

360-Day Year

A simplified accounting method that assumes there are 360 days in a year, used for calculating interest and other financial metrics.

Principal

The original sum of money borrowed in a loan, or the initial amount of investment, excluding interest or profit.

Ordinary Simple Interest

Interest calculated on the principal amount only, without compounding, over a specific period.