One of Gerald Ford's First Official Acts as President Was

question 154

Multiple Choice

One of Gerald Ford's first official acts as president was to

• A) pardon Richard Nixon.
• B) request a new voting rights act.
• C) release funds impounded by the Nixon administration.
• D) open negotiations with the Soviet Union on arms reduction.

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Definitions:

Expected Return

The anticipated average return of an investment over a given period, factoring in all possible outcomes.

Portfolio Return

The overall gain or loss generated by an investment portfolio over a particular period of time, taking into account both capital gains and income received.

Expected Return

The anticipated average return from an investment based on its probable profits.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.