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Political parties are distinct, yet often take positions that are similar to the other political party. What is more, there are some members of each political party that are likely to support the other side. Based on the evidence provided in the text book, are political parties more distinct than similar? Why? What does this mean for centrists in American politics?
Abbreviations
Shortened forms of words or phrases used for convenience.
Debit
An entry on the left side of an account record, used to increase an asset or expense or decrease a liability, equity, or revenue.
Credit
An accounting entry that increases the balance of liabilities and equity accounts, and decreases the balance of an asset or expense account.
Rent Expense
The cost incurred for renting a property or equipment, recognized as an expense on the income statement.
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