Because House and Senate Members Aim to Be Responsive to Their

question 77

Multiple Choice

Because House and Senate members aim to be responsive to their constituents, they

• A) provide their private e-mail addresses to the public.
• B) hire staff members to address all the concerns for them.
• C) establish offices in their home state so voters can get help with federal issues.
• D) live in their home state, rather than Washington D.C., while Congress is in session.
• E) respond to every constituent directly rather than through staff members.

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Definitions:

IPO

Initial Public Offering, the process by which a private company becomes publicly traded by offering its shares for the first time to the public.

Venture Capitalists

Investors who provide capital to start-up companies and small businesses with perceived long-term growth potential, often taking a stake in the company in exchange.

IPOs

Initial Public Offerings, a process where a private company offers shares to the public in a new stock issuance to raise capital.

First Day Returns

The percentage change in the price of a stock from its initial public offering price to its closing price on the first day of trading on the public market.