To Keep the Amendment of the Constitution from Being Too

question 47

Multiple Choice

To keep the amendment of the Constitution from being too easy an option for a popular majority to accomplish, the Framers did which of the following?

• A) They imposed heavy transaction costs on changing the Constitution that required support of Congress and the states.
• B) They made amending the Constitution the responsibility of state and local governments.
• C) They reserved approval of constitutional amendments to the Senate.
• D) They allowed the executive to veto any amendment effort.

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Definitions:

Stock Split

A corporate action that increases the number of a company's outstanding shares by dividing each share, which in turn reduces the price per share, making the stock more accessible to investors.

Basic Earnings Per Share

A measure of a company's profitability that shows how much of its profits are allocated to each share of common stock.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares, though the market capitalization remains unchanged.

Basic Earnings Per Share

A calculation that measures the profitability available to a company's common shareholders, dividing net income by the number of common shares outstanding.