How Is Income Linked to the Likelihood That People Vote

question 124

Multiple Choice

How is income linked to the likelihood that people vote in presidential elections?

• A) There is no clear link; people of all income levels are equally likely to vote.
• B) "Self-made" people are more likely to vote than those who inherit wealth.
• C) The higher the income, the greater the share of people who vote.
• D) The lower the income, the greater the share of people who vote.

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Definitions:

Cash

Money in the form of coins or banknotes, especially that held by an organization as its liquid assets.

Preference Shares

Equity securities that have preferential rights compared to common shares, often regarding dividends and asset distribution.

Consolidated Retained Earnings

The cumulative earnings or profits of a corporation and its subsidiaries after dividends have been paid out, as shown on the consolidated balance sheet.

Unrealized Intercompany Profits

Profits resulting from transactions between companies within the same group that have not yet been realized outside of the group.