The Heads of Independent Regulatory Commissions Are __________

question 31

Multiple Choice

The heads of independent regulatory commissions are __________.

• A)elected -Consider This: Many of these commissions regulate specific sectors of the economy,requiring specialization and expertise in particular areas of leadership.Though still appointed through a Constitutional process,these individuals are not chosen through elections.
• B)part of the president's cabinet
• C)selected by the president and confirmed by the Senate
• D)allowed to charge for their services

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Definitions:

Yield To Maturity

The total return expected on a bond if held until it matures, considering all interest payments made over the life of the bond and its redemption value.

4-Year Bond

A debt security that matures in four years from the issuance date.

Forward Rate

An interest rate agreed today for a loan to be made or a bond to be purchased at a future date.

Zero-Coupon Bond

A type of bond that does not pay interest during its life but is sold at a discount from its face value and pays its full face value at maturity.