The Constitution's Framers Designed This Institution to Be the Closest

question 1

Multiple Choice

The Constitution's framers designed this institution to be the closest, and most democratically responsive, to the people:

• A) the Senate.
• B) the House of Representatives
• C) the presidency.
• D) Congress.

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Definitions:

Financial Engineering

Creating and designing securities with custom-tailored characteristics.

Securities

Securities are financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Portfolios

A portfolio containing various types of financial investments, including stocks, bonds, commodities, cash, cash equivalents, mutual funds, and ETFs.

Exposure

The degree to which an investment or portfolio is subject to various risks, such as market, credit, or operational risks.