Which of the Following Statements About Political Parties Is True

question 62

Multiple Choice

Which of the following statements about political parties is true?

• A) The Tea Party movement is more popular in New England than in the South.
• B) The Democratic Party is becoming more popular in the South.
• C) California is a solid Democratic state today.
• D) Political elites are not very polarized today.

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Definitions:

Corporation

A legal entity owned by shareholders, with rights and liabilities distinct from those of its owners, and subject to corporate income tax.

AMT Income

Alternative Minimum Tax income calculates income with different rules than regular taxes, aiming to ensure taxpayers with high income pay a fair share of taxes.

Dividend Income

consists of payments received by shareholders from stocks or mutual funds, representing a share of the profits of the corporation or fund.

Taxable Income

The amount of an individual's income that is subject to taxation, after all deductions and exemptions.