The Second Most Powerful Leader in the House of Representatives

question 78

Multiple Choice

The second most powerful leader in the House of Representatives, who assists the Speaker in passing the majority party's legislative priorities, is known as the

• A) House majority leader.
• B) Speaker of the House.
• C) House minority leader.
• D) majority whip.

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Definitions:

Tax Rate

The fraction of earnings upon which the government imposes taxes on a person or corporate entity.

Interest Expense

The cost incurred by an entity for borrowed funds, typically presented on the income statement.

Incremental Cash Flows

The additional cash flow an entity receives from undertaking a new project or investment.

Interest Expense

The cost incurred by an entity for borrowed funds over a period of time.