Which of the Following Is a Major Criticism of the Winner-Take-All

question 27

Multiple Choice

Which of the following is a major criticism of the winner-take-all electoral system?

• A)It emphasizes political parties at the expense of individual candidates.
• B)It tends to magnify the legislative power of major parties while greatly diminishing the chances of minor parties.
• C)It causes a pronounced tendency toward party decentralization.
• D)It makes forming a national consensus more difficult.
• E)It encourages the emergence of single-issue splinter parties.

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Maturity Risk Premium

The additional yield that investors demand to compensate for the risk of holding a longer-term debt instrument, over and above the risk of short-term instruments.

Default Risk

The risk that a borrower will not make the required payments on their debt obligations, leading to a default.

Semiannual Coupon

Interest payments made to bond investors every six months as part of the bond's fixed-income return.

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An evaluation provided by a credit rating agency regarding the creditworthiness of a bond issuer, affecting the interest rates and investment appeal of its bonds.