In the Context of the Emergence of the New Right

question 66

Multiple Choice

In the context of the emergence of the New Right in the 1970s, which of the following statements is true of social conservatives?

• A)They supported same-sex marriage.
• B)They urged tax cuts to limit the size and reach of government.
• C)They opposed abortion and what they saw as the moral decline of society.
• D)They strove to increase government intervention in people's lives.
• E)They supported the ideology of the Soviet Union.

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Definitions:

Corporate Raiders

Investors who buy a large stake in a corporation with the goal to gain control and make changes to increase its value and their profit.

Hostile Takeovers

Hostile takeovers occur when a company acquires another company against the wishes of the target company's management and board of directors.

WACC

Weighted Average Cost of Capital, or WACC, is a financial metric that calculates the cost of capital for a business, weighting each capital segment according to its relative proportion.

Discount Rate

This is the interest rate applied in calculating the present value of cash flows that are expected in the future, using the discounted cash flow approach.