Majority Rule Allocates Resources in the Way That

question 114

Multiple Choice

Majority rule allocates resources in the way that

• A)politicians choose.
• B)a majority of voters choose.
• C)democracies choose.
• D)all voters choose.
• E)the military chooses.

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Definitions:

Compounded Semiannually

Interest calculated twice a year on the initial principal and previously earned interest.

Investment Yield

The profits made from an investment during a specified timeframe, represented as a proportion of the original investment's value.

Maturity Date

The specified date on which the final payment of a loan, bond, or other financial instrument is due to be paid.

Annually Compounded

Interest on an investment that is calculated and added to the principal sum once a year.