Nonparticipation in the Voting Process

question 16

Multiple Choice

Nonparticipation in the voting process:

• A)Is a vote for the values of those who do participate.
• B)Provides more affluent members of society with more power.
• C)Can put low-income persons at a disadvantage in the voting process.
• D)All of these choices.

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Definitions:

Annuity

An investment vehicle that provides a consistent series of disbursements to a person, often employed in retirement planning.

RRSP

A registered retirement savings plan, a tax-advantaged account designed to help Canadians save for retirement.

Compounded

The process by which interest is earned on both the initial principal and the interest that has been added to it, thus "compounding" the amount.

Monthly

Occurring or done once a month.