Not All Primaries and Caucuses Are Created Equal

question 32

Multiple Choice

Not all primaries and caucuses are created equal.Certain small states play a disproportionate role in shaping public opinion about the candidates, often because their primary or caucus occurs early.An example of a small state with disproportionate influence is

• A)Delaware.
• B)New Hampshire.
• C)Montana.
• D)Alaska.
• E)North Dakota.

---

Definitions:

Unique Risk

Also known as unsystematic risk, it refers to the risk associated with a specific company or industry that can be mitigated through diversification.

Inflation Risk

The danger that the value of financial returns or purchasing power will be eroded as inflation diminishes the value of money over time.

Systematic Risk

The type of risk inherent to the entire market or market segment, also known as market risk, which cannot be mitigated through diversification.

Beta

A measure of a stock's volatility in relation to the overall market; a higher beta indicates greater risk and potential return.