James Madison Argued That Size and Diversity Were Assets to Our

question 8

Multiple Choice

James Madison argued that size and diversity were assets to our new nation because competing interests, which he called _______, would check one another.

• A) factions
• B) political parties
• C) syndicalists
• D) majoritarians
• E) revolutionary vanguard

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Definitions:

Return On Investment (ROI)

A measure of profitability calculated by dividing net profit by the cost of investments.

Return On Investment (ROI)

A performance measure used to evaluate the efficiency of an investment by comparing its gain to its cost.

Contribution Margin Ratio

The proportion of revenue from each dollar of sales that goes toward covering fixed expenses and creating profit.

Fixed Expenses

Costs that do not fluctuate with changes in production level or sales volume, such as leases and insurance premiums.