Which of the Following Is True of the Pendleton Civil

question 40

Multiple Choice

Which of the following is true of the Pendleton Civil Service Act?

• A) It covered all federal jobs.
• B) It applied to incumbents as well as to new applicants.
• C) It permitted future presidents to increase the number of jobs covered by the act.
• D) It was signed by President James Garfield.

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Definitions:

Financial Markets

Marketplaces where buyers and sellers participate in the trade of assets such as equities, bonds, currencies, and derivatives.

Market Efficiency

A concept that describes the degree to which stock prices and other securities prices reflect all available, relevant information.

Market Value

The ongoing cost in the market for an asset or service to be sold or bought.

Investment Cost

The total expenses incurred in purchasing an asset, including the price of the asset plus any additional fees or charges.