Which Is the Best Description of the K Street Project

question 20

Multiple Choice

Which is the best description of the K Street Project?

• A) It was an attempt to place former Republican staffers in key lobbying positions to help ensure a large flow of corporate donations to the Republican Party.
• B) It was an attempt by Democrats to place party loyalists in key positions in the administrative agencies that line K Street in Washington, D.C.
• C) Orchestrated by the Federalist Society, it has the goal of placing conservatives on the federal courts.
• D) This describes a bipartisan movement to get the offices of congressional staffers expanded beyond Capitol Hill to K Street.
• E) It was a collective attempt by interest groups who had offices on K Street in Washington, D.C., to have their staffers elected to the U.S. House of Representatives.

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Definitions:

Bretton Woods Agreement

An international financial system established in 1944, creating fixed exchange rates, the International Monetary Fund (IMF), and the World Bank to promote global economic stability.

Price Volatility

The degree to which the price of an asset, security, or commodity fluctuates over time.

Put Option

A financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified time.