Since 1911 When the Initiative Process Was Instituted, California Voters

question 30

True/False

Since 1911 when the initiative process was instituted, California voters on average have tended to approve most (more than half)of the initiatives presented to them on the ballot.

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Definitions:

Social Security Benefits

Government-provided financial support to eligible individuals, including retirees, disabled workers, and their families, funded through payroll taxes.

Information Asymmetry

A situation where one party in a transaction has more or superior information compared to another.

Technological Progress

The advancement of technology, leading to improved methods, products, or processes that enhance productivity and efficiency.

Rising Wages

An economic condition where the average wage level in an economy increases over time, potentially affecting inflation and purchasing power.