When Mitt Romney Chose Paul Ryan as His Running Mate

question 68

Multiple Choice

When Mitt Romney chose Paul Ryan as his running mate in the 2012 election, he made a decision consistent with the traditional rule that says that vice-presidential candidates

• A)are chosen for electoral reasons, such as winning a battleground state and/or providing ideological balance on the ticket.
• B)are chosen on the basis of their policy expertise, especially foreign policy expertise.
• C)are chosen because of their skills as campaigners.
• D)are chosen on the basis of their stance on abortion rights.
• E)make it easy to balance gender on a presidential ticket.

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Definitions:

Time Value

A concept that money available at the present time is worth more than the same amount in the future due to its potential earning capacity.

Sell Now

A directive or decision to sell an asset or a product immediately, often to capitalize on current market conditions or to avoid future losses.

Incremental Revenues

Additional income generated from a new project or decision, above and beyond existing revenues.

Incremental Variable Costs

Costs that vary with the level of output or activity, changing as the quantity produced changes.