US House Districts Have to Be as Close as Possible

question 62

Multiple Choice

U.S. House districts have to be as close as possible to equal in population

• A)in order to make it easier to determine the winners of the district.
• B)under the principle of one person, one vote.
• C)in order for each representative to have equal legislative power.
• D)in order for each representative to have an equal chance of serving on House committees.
• E)in order for each representative to have equal legislative power, and for each representative to have an equal chance of serving on House committees.

---

Definitions:

Bond-Yield-Plus-Risk-Premium

A method of estimating the cost of equity by adding a risk premium to the observed yield of a company’s long-term debt.

WACC

An assessment of a firm's cost of capital, where each category of capital is proportionally weighted to calculate the average cost.

Marginal Costs

Marginal costs refer to the change in total cost that arises when the quantity produced is incremented by one unit.

Target Capital Structure

Target capital structure is the proportional combination of debt, equity, and other financing sources a company aims to maintain.