How Are Presidential Primaries Different from Presidential Caucuses

question 96

Multiple Choice

How are presidential primaries different from presidential caucuses?

• A) Only northern states use primaries.
• B) Caucuses involve voting on a specific day, whereas primaries take place over the course of a week.
• C) Caucuses are secret while primaries are open to the public.
• D) Primaries involve voting by ballot, whereas caucuses take place in a local meeting.
• E) In caucuses anyone can participate, whereas in primaries only registered party supporters may do so.

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Definitions:

Money Supply

The sum of all financial resources in the form of cash and deposits in banks present within an economy at a given moment.

Federal Reserve Board

A central body of the Federal Reserve System, overseeing the nation's monetary policy and regulating banks.

Deposit Expansion Multiplier

The deposit expansion multiplier refers to the ratio of the amount of money banks can create in the form of checkable deposits to the amount of reserves they hold.

Reserve Ratio

The fraction of deposits that banks are required to hold in reserve and not lend out, set by central banks to control the money supply and banking stability.