Which of the Following Statements About the U

question 84

Multiple Choice

Which of the following statements about the U.S. House and the U.S. Senate is FALSE?

• A) The Senate has the power to ratify treaties while the House does not.
• B) The Senate has the power to approve presidential appointments while the House does not.
• C) The House has the power to overturn a president's veto while the Senate does not.
• D) The House has the power to originate revenue bills while the Senate does not.
• E) Members of the House have two-year terms while senators have six-year terms.

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Definitions:

Equivalent Annual Compounded

The annual interest rate that is equivalent to the nominal rate compounded more frequently than once a year.

Rate of Return

The profit or deficit experienced on an investment, calculated over a particular duration and shown as a fraction of the investment's original value.

Rental Income

Income received from renting out a property or another asset.

Property Taxes

Levies imposed by a government on a property owner, typically based on the value of the property.