Every Two Years, of the House of Representatives and of the Senate

question 24

Multiple Choice

Every two years, of the House of Representatives and of the Senate are up for reelection.

• A) one-half; all
• B) all; one-half
• C) all; one-third
• D) all; all
• E) one-third; one-half

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Definitions:

Rising Rate

An increasing trend in interest or inflation rates over a certain period.

Maturity Value

The amount to be paid to the holder of a financial instrument at the end of its term, including the principal and any accumulated interest or dividends.

Compounded Semi-annually

A method of calculating interest where the interest is added to the principal twice a year.

Strip Bond

A type of bond investment where the coupon payments and the principal are separated and sold individually as zero-coupon instruments.