Which of the Following Statements About the No Child Left

question 27

Multiple Choice

Which of the following statements about the No Child Left Behind Act is false?

• A) It was the signature education act of George W.Bush.
• B) It increased the role of the federal government in education policy.
• C) It requires that students be tested every year for proficiency in math and reading.
• D) It creates a standard national test for all students.
• E) Many states considered it an unfunded mandate.

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Definitions:

Default Risk Premiums

The additional yield a bond issuer must pay to compensate investors for the risk that the issuer might not make payments as promised.

Yield

The yield from an investment, including interest or dividends, represented as a percentage of the cost of the investment or its present market worth.

Treasury Bond

A Treasury Bond is a long-term, fixed-interest government debt security with a maturity period typically longer than 10 years.

Roll's Critique

A criticism of the capital asset pricing model (CAPM) proposed by Richard Roll, arguing that the market portfolio is unobservable and thus the CAPM cannot be tested properly.