E. E. Schattschneider Observed In1942 That __________________________

question 68

Multiple Choice

E. E. Schattschneider observed in1942 that __________________________.

• A) "democracy is unthinkable save in terms of the parties."
• B) "factions have a baneful effect."
• C) "factions are tools of the politically ambitious that tend to promote corruption and bias in the political system."
• D) "republic under God, rather than democracy."
• E) "individuals have the right to exercise sole dominion over their own lives [and] they have the right to live in whatever manner they choose so long as they do not interfere with the rights of others."

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Definitions:

Equity Multiplier

A financial leverage ratio that shows the proportion of a company's assets that are financed by shareholder's equity.

Earnings Per Share

A financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock, providing an indicator of the company's profitability.

Price-Earnings Ratio

is a measure of a company's current share price relative to its per-share earnings, used to evaluate if a stock is undervalued or overvalued.

Times Interest Earned

A financial ratio that measures a company's ability to meet its interest payments on outstanding debt, calculated by dividing earnings before interest and taxes (EBIT) by the interest expense.