The Results of Empirical Tests of Duverger's Theory Show That

question 41

True/False

The results of empirical tests of Duverger's theory show that increasing ethnic heterogeneity always leads to more legislative parties, regardless of the permissiveness of the electoral system.

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Definitions:

Margin Required

The minimum amount of funds that must be deposited with a broker when borrowing to buy securities or entering into a futures contract, serving as collateral.

Over-the-counter

A decentralized market, without a central physical location, where participants trade stocks, commodities, currencies, or other instruments directly between two parties and not through a central exchange.

Securities Market

The Securities Market is a marketplace where financial instruments like stocks, bonds, and derivatives are issued and traded, facilitating capital flow and investment.

Underwriting Syndicate

A group of financial institutions that work together to issue new securities to the public, sharing the risk associated with the underwriting process.