If One Group Took Power and Established an Official State

question 31

Multiple Choice

If one group took power and established an official state religion, James Madison would likely describe the situation as:

• A) part of the "brutish state of nature."
• B) a stage in the evolution of government.
• C) unfortunate but inevitable and outside the scope of government to prevent.
• D) the best possible outcome given the desires of a majority of the people.
• E) an example of the tyranny of a faction imposing its will on the rest of the nation.

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Definitions:

Per Year

A synonym for annually, denoting events or measurements taking place once every calendar year.

Effective Annual Rate

The interest rate on an investment or loan, which is annualized by considering the effect of compounding over a given period.

Amortized Mortgage

A loan for which the principal and interest are paid down through regular payments over the loan's term, leading to full repayment by the end.

Nominal Interest Rate

The rate of interest before any adjustment for inflation; the stated or face interest rate on a loan or investment.