In the House of Representatives,not Only Do More Than 90

question 74

Essay

In the House of Representatives,not only do more than 90 percent of incumbents seeking reelection usually win,but most of them win with more than 60 percent of the vote.Discuss why the rate at which incumbents are reelected to the Senate is lower than at which House members are reelected.

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Definitions:

Journal Entries

An accounting action recorded through the logging of debits and credits across accounts, forming the basis for building financial statements and tracking financial transactions.

Debits And Credits

The two sides of accounts in double-entry bookkeeping; debits represent increases in assets or expenses and decreases in liabilities or equity, while credits do the inverse.

Slide

An error in which the entire number is moved one or more spaces to the right or the left, such as writing $542.00 as $54.20 or $5,420.00.

Accounting Equation

A fundamental principle of accounting expressing the relationship between assets, liabilities, and equity.