The Texas Executive Branch Is Called a Plural Executive Because

question 16

Multiple Choice

The Texas executive branch is called a plural executive because ______.

• A) the governor shares all executive power with the lieutenant governor
• B) the governor has twice as much power as most governors in the nation
• C) governors are limited to two terms in office
• D) the executive is considered to be the second branch of government
• E) the governor shares power with several other officials who are elected separately

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Definitions:

Present Value

Today's equivalent monetary worth of future cash sums or flows, discounted at a specific rate of return.

Ordinary Annuity

A series of equal payments made at regular intervals, with the interest compounded at a fixed rate.

Outstanding Balance

This refers to the total amount of money owed on a loan or credit line that has not yet been paid back by the borrower.

Annual Installments

Payments made yearly towards the settlement of a debt or purchase price over a fixed period.