Observers often list the first stage of a presidential election as the pre-nomination campaign that occurs shortly after a presidential election is concluded. What occurs during this phase?
a. The candidates for the next presidential election must be selected so that they have the full four years to campaign.
b. Political parties hold primary elections to determine who they can accept as possible candidates.
c. The president appoints committees from each party to begin searching for his competitors in the next election.
d. Possible candidates begin to test the waters, raise money, attract media attention, and try to sway support of influential party members.
e. The political parties hold their national conventions to plot the campaign for the next four years.
ANS: D
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In the Federalist Papers, James Madison proposed that the states under the new Constitution would retain
a. absolute sovereignty. b. residual sovereignty. c. supreme sovereignty. d. no sovereignty. e. virtual sovereignty.
World Bank loans to private-sector projects are made through its:
A. main institutions. B. International Development Association (IDA). C. International Finance Corporation (IFC). D. International Monetary Fund (IMF). E. None of the above since the World Bank does not give out private-sector loans.