Which of the Following Istrueof a Governor's Informal Power

question 29

Multiple Choice

Which of the following istrueof a governor's informal power?

• A) It stems from popularity with the public and is based on traditions, symbols, and ceremonies.
• B) It is rooted in the constitutional power to appoint officials.
• C) It is used only rarely and in extreme circumstances.
• D) It depends heavily on the support she or he gets from the lieutenant governor.

---

Definitions:

Inflation Rate

Inflation rate is the percentage increase in the general level of prices for goods and services over a period, typically expressed as an annual rate.

Holding-Period Return

The total return received from holding an asset or portfolio of assets over a period of time, considering both price appreciation and dividends/interest.

Bond

A security issued by a borrower that obligates the issuer to make specified payments to the holder over a specific period. A coupon bond obligates the issuer to make interest payments called coupon payments over the life of the bond, then to repay the face value at maturity.

Standard Deviation

A statistical measure of the dispersion or spread of a set of data points or investment returns around their mean.