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What is the cost of US election campaign?

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Last updated on: November 03, 2004 10:24 IST

US Presidential Election

What is the cost of 2004 US election?
Take the Rediff Business Quiz and find out how much you know about the American elections.

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1. What is common to John Kerry and the Heinz food company?
a) Kerry is a partner
b) Kerry once worked there
c) Neither

Wrong! Try again.
Wrong! The correct answer is neither.
John Kerry's wife Teressa was the wife of Late Sen. John Heinz III of the Heinz food family. According to Forbes Teresa Heinz Kerry's fortune is estimated at $750 million. If Kerry wins he would be one of the richest US presidents. Others in the list are George Washington and George Bush.
Correct!
John Kerry's wife Teressa was the wife of Late Sen. John Heinz III of the Heinz food family. According to Forbes Teresa Heinz Kerry's fortune is estimated at $750 million. If Kerry wins he would be one of the richest US presidents. Others in the list are George Washington and George Bush.

2. Which of these were the biggest donors for Bush's campaign?
a) Goldman Sachs
b) Morgan Stanley
c) Time Warner

Wrong! Try again.
Wrong! The correct answer is Morgan Stanley .
Even though employees of Harvard University and the University of California gave far more than bankers, media and IT giants, Morgan Stanley was one of the most generous givers for Bush. Executives from both Time Warner and Goldman Sachs rooted for Kerry.
Correct!
Even though employees of Harvard University and the University of California gave far more than bankers, media and IT giants, Morgan Stanley was one of the most generous givers for Bush. Executives from both Time Warner and Goldman Sachs rooted for Kerry.

3. 3rd presidential candidate Ralph Nader targeted General Motors in which book?
a) Who's Poisoning America
b) Corporate Power in America
c) Unsafe at Any Speed

Wrong! Try again.
Wrong! The correct answer is Unsafe at Any Speed .
In 1965, Nader published Unsafe at Any Speed, a best-selling indictment of the auto industry and its poor safety standards. He specifically targeted General Motors' Corvair. Largely because of hm, Congress passed the 1966 National Traffic and Motor Vehicle Safety Act.
Correct!
In 1965, Nader published Unsafe at Any Speed, a best-selling indictment of the auto industry and its poor safety standards. He specifically targeted General Motors' Corvair. Largely because of hm, Congress passed the 1966 National Traffic and Motor Vehicle Safety Act.

4. 2004 US election is estimated to cost...
a) About $4 billion
b) About $3 billion
c) About $2 billion

Wrong! Try again.
Wrong! The correct answer is about $4 billion.
Touted as the most expensive election in the American history, 2004 US presidential election is likely to cost American taxpayers a whooping $4 billion. This figure however, does not include the ballots, poll workers and election lawyers. In the 2000 election, the total cost was $3.1 billion.
Correct!
Touted as the most expensive election in the American history, 2004 US presidential election is likely to cost American taxpayers a whooping $4 billion. This figure however, does not include the ballots, poll workers and election lawyers. In the 2000 election, the total cost wa $3.1 billion.

5. Bush received his MBA from...
a) Yale University
b) Harvard University
c) Princeton University

Wrong! Try again.
Wrong! The correct answer is Harvard University.
Bush received an MBA from Harvard Business School in 1975. After graduating, he returned to Texas and began a career in energy business. With a group of other investors, he purchased the Texas Rangers baseball franchise in 1989 and served as general managing partner.
Correct!
Bush received an MBA from Harvard Business School in 1975. After graduating, he returned to Texas and began a career in energy business. With a group of other investors, he purchased the Texas Rangers baseball franchise in 1989 and served as general managing partner.

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Compiled by: Rediff Business Desk

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