Not All Members Are Driven by Power, but Members of Congress

question 38

Multiple Choice

Not all members are driven by power, but members of Congress are ambitious people to start with and so they will not remain on the backbench silently. What might a member demand in exchange for not seeking advancement in the party?

• A) A party whip position
• B) Disproportionate fundraising service
• C) Attention being given to an issue they care about
• D) Both a and b

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Definitions:

Interest Rate Risk

The potential for an investment's value to change due to fluctuations in the general level of interest rates.

T-Bond Futures

Financial contracts used to speculate on or hedge against the future price movements of U.S. Treasury bonds.

Fixed-Rate Mortgages

A type of mortgage where the borrower pays the same interest rate for the entire term of the loan, making consistent payment amounts throughout.

Short-Term Deposits

Deposits made in a financial institution that have a short maturity period, usually less than one year, offering lower interest rates.