Which of the Following Is NOT True Regarding the State

question 18

Multiple Choice

Which of the following is NOT true regarding the State of the State address given by governors?

• A)This major address has evolved into an opportunity for the governor to identify what he or she thinks are the most important problems for the legislature to tackle.
• B)It binds the legislature to the governor's agenda.
• C)The address sets the agenda for the legislature's most important work of the session.
• D)Legislators are likely to complain of a lack of leadership if the governor is not clear about what he or she wants.

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Definitions:

Time-Weighted Return

A method to measure the rate of return of an investment portfolio which eliminates the distorting effects of inflows and outflows of money.

Dividend

Dividend represents the distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

Share

A unit of ownership in a company or financial asset, often traded on a stock exchange.

Arithmetic Average Return

The simple average of a series of returns over a period of time, calculated by summing the returns and dividing by the number of periods.