In General, ______________ Have Relied Heavily on the Advice of the Cabinet

question 47

Multiple Choice

In general, ______________ have relied heavily on the advice of the cabinet.

• A)both the House and Senate
• B)few presidents
• C)many presidents
• D)nearly all presidents
• E)nearly all presidents, as well as the House and Senate.

---

Definitions:

Interest Rate

The cost of borrowing money, expressed as a percentage of the amount borrowed.

Present Value

The current financial valuation of a sum of money due in the future or stream of income, based on a specific interest rate.

Future Value

The worth of an investment or cash flow at a specified future date, based on an assumed rate of growth over time.

Opportunity Cost

Opportunity cost refers to the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.