Running for Public Office Has Become Increasingly Expensive

question 49

Multiple Choice

Running for public office has become increasingly expensive. To try to level the playing field and diminish the role of private money, most states

• A)have banned PACs and forbidden direct contributions from corporations, labor unions, and other special interest groups in state elections.
• B)have given up trying to limit the influence of soft money and PACs because of the U.S. Supreme Court's ruling in Buckley v. Valeo .
• C)now provide public financing for all major elections.
• D)limit contributions and many now provide for public financing.

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Pre-split Price

The stock price of a company before it undergoes a stock split, which increases the number of shares while reducing the price per share.

Post-split Price

The adjusted price of a stock after a company has completed a stock split.

Stock Dividend

A dividend payment made in the form of additional shares rather than cash, reflecting a company's desire to reinvest its profits.

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The total number of shares of stock that are currently owned by investors, including restricted shares owned by the company’s officers and insiders.