In Democracies, Minorities Can Rightly Have Their Way If

question 24

Multiple Choice

In democracies, minorities can rightly have their way if

• A) they pursue their agenda quietly and effectively.
• B) they can convince enough citizens that their demands are reasonable.
• C) majorities never form to oppose them.
• D) the government grants them privileges without media publicity.
• E) they diminish the scope of conflict.

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Definitions:

Characteristic Line

A line used in finance to illustrate the rate of return of an asset as a function of the return of the market as a whole.

Systematic Risk

The risk inherent to the entire market or market segment, not diversifiable through portfolio diversification.

Total Risk

The overall risk associated with an investment, encompassing both systematic and unsystematic risks.

Beta

A gauge for assessing the volatility or inherent risk in a security or portfolio against the broader market index.