Any Voting System in Which the Candidate with the Most

question 67

Multiple Choice

Any voting system in which the candidate with the most votes wins is called:

• A) proportional voting
• B) majority voting
• C) plurality voting
• D) democratic
• E) republican

Understand the basics of file manipulation in programming.

Recognize standard input and output streams.

Identify and use different file operation functions.

Differentiate between text and binary files in programming.

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Definitions:

Economic Profit

The difference between a firm's total revenue and its opportunity costs, including both explicit and implicit costs.

Savings Account

A deposit account held at a bank or financial institution that provides principal security and a modest interest rate.

Interest Rate

The percentage of a sum of money charged for its use, often expressed annually.

Economic Profits

The surplus gained by a firm when total revenue exceeds total costs, including both explicit and implicit costs, reflecting the financial advantage of a particular course of action.