Compared with U

question 11

Multiple Choice

Compared with U.S.citizens of higher incomes,those of lower incomes are

• A)much less likely to vote in elections.
• B)about equally likely to vote in elections.
• C)much more likely to vote in elections.
• D)much less likely to vote in elections-a pattern that is also true in European democracies.
• E)None of these answers is correct.

---

Definitions:

Forward Exchange Contracts

Financial derivatives that lock in an exchange rate today for the purchase or sale of a currency on a future date.

Financial Instruments

Deals that create a financial asset for one entity and simultaneously generate either a financial liability or an equity instrument for another entity.

Accounts Payable

Liabilities to suppliers or creditors for goods, services, or supplies purchased on credit and not yet paid for.

Ordinary Shares

Shares of a company providing voting rights and entitling the holder to dividends, representing ownership in a corporation.