The Following Questions Refer to the Excerpt Below

question 29

Multiple Choice

The following questions refer to the excerpt below.
"For decades,the United States has not been in complete control of its borders.As a result,many who want to work in our economy have been able to sneak across our border and millions have stayed….We are a nation of laws,and we must enforce our laws.We're also a nation of immigrants,and we must uphold that tradition,which has strengthened our country in so many ways.These are not contradictory goals.America can be a lawful society and a welcoming society at the same time.We will fix the problems created by illegal immigration,and we will deliver a system that is secure,orderly,and fair.So I support comprehensive immigration reform that will accomplish…clear objectives. First,the United States must secure its borders.This is a basic responsibility of a sovereign nation.It is also an urgent requirement of our national security.Our objective is straightforward: The border should be open to trade and lawful immigration,and shut to illegal immigrants,as well as criminals,drug dealers,and terrorists."
President George W.Bush,Address to the Nation,May 15,2006
-Which of the following trends was Bush reacting to in this excerpt?

• A) Increases in immigration from Latin America and Asia
• B) Increases in immigration from southern and eastern Europe
• C) The closing of the American border to immigration after 2001
• D) Environmental concerns about fossil fuels

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Definitions:

Maturity

The final payment date of a loan or financial instrument, at which point the principal (and all remaining interest) is due to be paid.

Interest Rate Risk

The risk that changes in interest rates will adversely affect the value of an investment, particularly relevant for fixed-income securities.

Variable-Rate Assets

Assets that earn interest at rates which adjust over time based on prevailing market conditions.

Cash Equivalent

Short-term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value.