In 2012, Voters in Maine Voted at the Ballot Box

question 25

Multiple Choice

In 2012, voters in Maine voted at the ballot box to allow same-sex couples to legally marry, as the result of a petition brought by interested citizens. The result of the vote was that the state began to issue marriage certificates to same-sex couples following certification of the ballot results. What type of direct democracy best describes the events in Maine?

• A) referendum
• B) recall
• C) initiative
• D) Borda count
• E) primary

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Definitions:

Gross Margin Percentage

A financial metric indicating the percentage of revenue that exceeds the cost of goods sold, representing the proportion of each sales dollar that is gross profit.

Return on Equity

A measure of financial performance that calculates the return on shareholders' equity investments.

Equity Multiplier

A financial ratio indicating how much of a company's assets are financed by its shareholders' equity.

Debt-to-equity Ratio

This metric measures the relative contribution of shareholder equity and debt in the funding of a company's assets.