Both Ratified in the 1930s, the Twentieth Amendment ____ and the Twenty-First

question 1

Multiple Choice

Both ratified in the 1930s, the Twentieth Amendment ____ and the Twenty-first Amendment ____.

• A) shortened the time between presidential election and inauguration; ended prohibition
• B) limited a president to two complete terms in office; repealed the Eighteenth Amendment
• C) rendered most New Deal programs unconstitutional; limited a president to two complete terms in office
• D) ended prohibition; shortened the time between presidential election and inauguration
• E) expanded the size of the Supreme Court; ended prohibition

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Definitions:

Coupon Bond

A debt security that pays the holder periodic interest payments until maturity, at which point the principal is repaid.

Current Yield

The annual income from an investment expressed as a percentage of the current market price.

Trading

The act of buying, selling, or exchanging financial assets in markets with the goal of making profits from price movements.