Which of the Following Is NOT a Reason Why Presidents

question 54

Multiple Choice

Which of the following is NOT a reason why presidents are less frequently using the tool of going public?

• A)Public opinion is notoriously fickle,and declines in popular approval are inevitable.
• B)Presidents are increasingly relying on institutionalized public and media relations efforts to craft a favorable public image to promote specific policies.
• C)Congress has increasingly delegated its powers to the executive branch,which has reduced the need for presidents to rely on public opinion to advance their policy goals.
• D)Technological change has fragmented the public,leading to declining viewership and readership of mainstream media outlets.
• E)Shrinking and fragmented audiences have raised the costs of going public,casting doubt on the effectiveness of presidential efforts to mobilize public opinion

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Definitions:

Reinvestment Rate Risk

The risk that the yield from reinvesting cash flows will be lower than the initial investment's yield, typical in fixed-income securities.

Zero Coupon Bonds

Bonds that do not pay periodic interest payments and are instead sold at a discount from their face value and redeemed at maturity for the full face value.

Coupon Payments

Periodic interest payments made to bondholders, usually on an annual or semi-annual basis, as compensation for investing in the bond.

Maturity Risk Premium

The additional return that investors demand for bearing the risk associated with holding a longer-term debt instrument.