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Police Unions Tend to Focus on "Bread- And- Butter" Interests

question 19

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Police unions tend to focus on "bread- and- butter" interests of their membership such as:


Definitions:

Market Rate of Return

The average return on investment that is typical for a particular market or industry.

T-bill

Short-term government securities issued at a discount from the face value and maturing at par, used to finance government debt.

Issue Date

The specific date on which a financial instrument is issued or becomes effective.

Simple Rate of Interest

Interest calculated only on the principal amount of a loan or deposit, without compounding.

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