All of the Following Are True of the Election of 2012

question 67

Multiple Choice

All of the following are true of the election of 2012 except

• A) Hispanic voters reached a new high as a percentage of the electorate at 10 percent.
• B) President Obama was reelected by a very narrow margin of 1 percent.
• C) Republicans lost seats in Congress.
• D) Republicans retained control of the U.S. House.
• E) President Obama won over 70 percent of Hispanic voters.

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Definitions:

Clearinghouse

Established by exchanges to facilitate transfer of securities resulting from trades. For options and futures contracts, the clearinghouse may interpose itself as a middleman between two traders.

Taxation

The process whereby authorities impose financial charges on individuals or legal entities, which can have implications for investment decisions.

Futures Trading

Involves buying and selling futures contracts which are agreements to buy or sell an asset at a future date for a price that is decided now.

Cumulative Year-End

Refers to the aggregate total of something such as earnings or dividends at the end of a fiscal year.