Mitt Romney Was Dogged by Negative Media Coverage During the 2012

question 37

Multiple Choice

Mitt Romney was dogged by negative media coverage during the 2012 presidential campaign when he claimed that

• A) Barack Obama was not born in the United States.
• B) small business owners need government to help them be successful.
• C) veterans programs and Medicare should face significant budget cuts.
• D) 47 percent of the people think they are victims, pay no taxes, and will vote for Obama no matter what.
• E) standardized tests for elementary students should be abolished.

---

Definitions:

Foreign Bond

A bond issued in a domestic market by a foreign entity, in the domestic market’s currency, to raise capital from investors in that country.

Canadian Dollars

The Canadian dollar is the currency of Canada, often represented by the symbol C$ or CAD, and it is used throughout the country for financial transactions.

Callable

A term describing a financial security (e.g., a bond) that can be redeemed by the issuer before its maturity date at a predetermined price.

Call Premium

The extra amount that must be paid by the issuer to call a bond before its maturity date, above its par value.