Which of the Following Statements About Barack Obama's Presidential Election

question 13

Multiple Choice

Which of the following statements about Barack Obama's presidential election is LEAST accurate?

• A)Ninety percent of the people who voted for his opponent were white.
• B)Almost seventy percent of the people who voted for the first time in 2008 voted for Obama.
• C)Despite winning a commanding majority of the popular vote,Obama won by only a small handful of electoral votes.
• D)Obama was the first Democrat to win more than 51 percent of the popular vote in over forty years.

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Definitions:

Cash Outflows

The movement of money out of a business, project, or investment, typically related to expenses, purchases, or investments.

Cash Inflows

Money or assets that come into a company, typically through sales, financing, or investments.

NPV

Net Present Value, a calculation that represents the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Discount Rate

The interest rate that a central bank charges financial institutions for short-term loans, or used in discounted cash flow (DCF) analysis to present value future cash flows.