According to Mudde and Kaltwasser (2017), the Three Basic Principles

question 7

Multiple Choice

According to Mudde and Kaltwasser (2017) , the three basic principles that underpin populism are …

• A) 'The people' as the core value.
• B) An elite or establishment, who actually manipulate power to their advantage and who should be confronted.
• C) A belief that European culture is superior to other cultures.
• D) The 'general will' of the people, which should be absolute, expressed through referendum or direct consultation, or appropriated by leaders who instinctively 'know' it.
• E) An aversion to democracy.

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Definitions:

Cost of Equity

The return a company theoretically pays to its equity investors to compensate them for the risk they undertake by investing in the company's stock.

Required Rate of Return

The minimum annual percentage earned by an investment that will entice individuals or companies to put money into a particular project or investment.

Negative NPV

A situation where the present value of future cash flows of an investment is less than the initial investment cost, indicating a potential loss.

Project Risk

The potential for loss or failure associated with an investment or business initiative.