Why Are Third Parties Referred to as the Unsung Heroes

question 64

Multiple Choice

Why are third parties referred to as the unsung heroes of American politics? 

• A) They eliminate the difference between the major and minor parties. 
• B) They help the major parties win elections by splitting their votes. 
• C) They challenge the two-party system in America. 
• D) They provide a major economic benefit to the country. 
• E) They bring new issues to the forefront of public debate.

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Definitions:

Default Risk

The risk associated with a borrower failing to make required payments on debt.

Liquidity Risk

The risk that an entity will not be able to meet its financial obligations as they come due because it cannot convert assets to cash quickly.

Deferred Consumption Risk

The risk associated with postponing consumption today in order to invest, with the potential of not having enough resources in the future.

Liquidity Risk

The risk that an entity will not be able to meet its short-term financial obligations due to the inability to quickly convert assets to cash without significant loss.