The Text States That the Media Typically Report Presidential Elections

question 60

Multiple Choice

 The text states that the media typically report presidential elections as horse races.This means that they 

• A) have an instinctive desire to expose scandals. 
• B) play the roles of gatekeeper, scorekeeper, and watchdog in a presidential campaign. 
• C) seek opportunities to write background or interpretive stories about issues in the campaign. 
• D) focus more on the contest itself than on the issues of the campaign. 
• E) have an instinctive desire to investigate personalities.

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Definitions:

Spot Rate

The current exchange rate at which a currency can be bought or sold for immediate delivery.

Settlement Date

The date on which a trade is finalized, and the buyer must make payment and the seller deliver the asset.

Fair Value Hedge

A type of hedge that aims to offset changes in the fair value of an asset or liability or an unrecognized firm commitment.

Forward Contract

An agreement to buy or sell an asset at a future date at a price agreed upon today, often used to hedge against price movements.