What Is Pluralism

question 98

Multiple Choice

What is pluralism?

• A) the presence of diverse socioeconomic groups participating in public affairs
• B) the belief that public policy is best designed by experts
• C) a grassroots political movement that aims to wrest power from political elites
• D) the use of neutral pronouns in policy documents

---

Definitions:

Premium

An amount paid for an insurance policy or an amount paid above the face value of a bond.

Cash Flow Hedge

A hedge of the exposure to the variability in cash flows that is attributable to a particular risk that is associated with all, or some component of, a recognized asset or liability or a highly probable forecast transaction and could affect profit or loss.

Forward Contract

A customized contract between two parties to buy or sell an asset at a specified price on a future date.

Recognised Borrowings

Loans and other forms of financial debt that are acknowledged on a company's balance sheet as liabilities.