​Based on the Theory of Responsible Party Government

question 37

Multiple Choice

​Based on the theory of responsible party government,

• A) ​differences between the parties fail to result in responsible positive action.
• B) ​voters are ultimately responsible for ejecting the policymakers they disagree with.
• C) ​clearly distinguishable opposing platforms make it difficult for responsible replacement of politicians.
• D) ​people should refrain from holding parties electorally accountable for their performance in control of government.

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Definitions:

Equity Financing

The process of raising capital through the sale of shares in a company.

Term

The time until a debt security’s principal is due to be repaid. Also called the debt’s maturity or time until maturity.

Indirect Transfers

Transactions where assets or money move between entities or locations via intermediaries rather than through a direct exchange.

Investment Banks

Financial institutions that provide advisory services, underwriting, trading, asset management, and other financial services to corporations and governments.