Ethics Reform Tends to Occur

question 17

Multiple Choice

Ethics reform tends to occur

• A) when scandals emerge.
• B) when a new governor is elected.
• C) when new interest groups start lobbying.
• D) after reapportionment.

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Definitions:

State Tax

Taxes imposed by individual states on income, property, goods, and services within their jurisdiction.

Federal Tax

The tax levied by the national government on income, sales, gifts, and other transactions.

After Tax Yield

The income return on an investment after taxes have been deducted, revealing the net gain to the investor.

Corporate Bond

A debt security issued by a corporation and sold to investors, with the promise of interest payments and the return of principal at maturity.