Dramatic Realignments, Such as the One That Occurred in 1932

question 220

Multiple Choice

Dramatic realignments, such as the one that occurred in 1932, may not occur again because

• A) voter turnout has consistently decreased over the last forty years.
• B) presidential candidates are rarely as popular with the voters as they used to be.
• C) the Electoral College is malapportioned.
• D) party labels have lost their meaning for a growing number of voters.
• E) economic issues rarely dominate presidential campaigns.

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Definitions:

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term and long-term obligations, calculated as current assets divided by current liabilities.

Acid-test Ratio

A financial metric that measures a company's ability to pay off its current liabilities with its most liquid assets without relying on the sale of inventory.

Debt-to-Equity Ratio

A ratio used to measure the balance between the amount of debt and equity financing a company's assets.

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations based on its current income.