In 2012 and 2013,voters Approved a Number of Ballot Propositions,including

question 8

Multiple Choice

In 2012 and 2013,voters approved a number of ballot propositions,including ones in Colorado and Washington that​

• A)legalized marijuana.
• B)​​banned same-sex marriage.
• C)​restricted sales of large soft drinks and other unhealthy products.
• D)​prohibited wearing clothing, including religiously-mandated items, that would obscure the wearer's face in drivers license photographs.
• E)​All of these choices were referenda approved in Colorado and Washington in 2012 and 2013.

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Definitions:

Financial Theorists

Scholars and experts who study and develop theories concerning how money is managed, including investments, capital markets, and financial institutions.

Opportunity Costs

The denial of gaining from various other opportunities when a single choice is made.

Economists

Professionals who study the production, distribution, and consumption of goods and services.

Unrealistic Assumptions

Hypothetical conditions in models or theories that do not necessarily reflect real-life complexities, used to simplify analysis.