Increased Technical Knowledge of Complex Contemporary Issues Casts Doubt on the Traditional

question 7

True/False

Increased technical knowledge of complex contemporary issues casts doubt on the traditional democratic notion that ordinary citizens have the good sense to reach sound political judgments around which government can act.

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Definitions:

Normal

Typically refers to something that conforms to a standard or common pattern; in statistics, a distribution that is symmetrically clustered around its mean.

Treasury Bond

A long-term, fixed-interest government debt security with a maturity of more than ten years.

Liquidity Risk

The risk of loss to an investor from the inability to sell a security to another investor at a price close to its true value.

Maturity Risk

The risk associated with the time until the bond or other fixed income instrument pays its principal back. It can affect interest rates and investment value.