The Main Problem with Voting as a Form of Political

question 97

Multiple Choice

The main problem with voting as a form of political participation is that

• A) citizens cannot communicate very much information by only casting a ballot.
• B) the electoral system is rigged to favor the status quo.
• C) voting is a form of political participation that requires the most time and commitment.
• D) voting has very little impact on what government does.
• E) there are many legal obstacles that prevent most citizens from voting.

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Definitions:

Nominal Rate of Interest

The interest rate unadjusted for inflation, representing the face value of interest payments.

Real Rate of Interest

The interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender.

Holding-Period Return

The total return received from holding an asset or portfolio of assets over a period of time, typically expressed as a percentage.

Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits.