Explain How a Presidential Candidate Can Fail to Win a Majority

question 73

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Explain how a presidential candidate can fail to win a majority of the popular vote, as did George W. Bush in the 2000 election, and yet win by a majority in the electoral college.
You will need pens of two different colors to complete this exercise. Use the map "Presidential Election, 2000" in the text as a reference.
Refer to Map Exercise 29-1.

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Definitions:

Amortization

The method of slowly depreciating the initial value of an intangible asset over its lifetime.

Exchange Rates

The price at which one currency can be exchanged for another currency.

Amortization Expense

The periodic reduction in the book value of an intangible asset over its useful life.

Functional Currency

The currency of the primary economic environment in which an entity operates, generally used in preparing financial statements.