The United States Is Referred to as Having a Two-Party

question 53

Multiple Choice

The United States is referred to as having a two-party system because

• A)only two parties have a serious chance to win national elections.
• B)only Democratic and Republican candidates run for national office.
• C)the national government subsidizes only the Republican and Democratic parties.
• D)each state allows only two presidential candidates to run during an election year.
• E)only two parties can satisfy the constitutional requirements for a political party.

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Definitions:

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The process of converting financial statements from one currency into another currency to provide comparability.