How Many Votes Are Needed to Pass Most Bills

question 45

Multiple Choice

How many votes are needed to pass most bills?

• A)a simple majority (50 percent + 1)
• B)a supermajority of 55 percent
• C)a supermajority of 2/3
• D)a supermajority of ¾

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Definitions:

Mean-Variance Efficient Portfolio

A Mean-Variance Efficient Portfolio is an investment strategy that aims to optimize the balance between expected return and risk, as defined by the portfolio's volatility.

Single-Index Structure

A model used in finance to describe the returns of a security as a function of a single market index.

Expected Returns

A rephrased definition for Expected Return: The anticipated income or profit from an investment over a specific period, considering various possible scenarios and their probabilities.

Variances of Returns

A statistical measure of the dispersion of returns for a given security or market index, showing the degree of variation from the average.