The Term "New Federalism" Refers To

question 5

Multiple Choice

The term "New Federalism" refers to:

• A) increasing state discretion in spending by using block grants.
• B) decreasing state power by expanding the federal government's regulation of commerce.
• C) increasing state discretion in spending through increased coercive federalism.
• D) increasing federal spending to wage a local "war on poverty."
• E) an effort in the 1970s and 1980s to eliminate all federal grants.

---

Definitions:

Price Volatility

The rate at which the price of a security increases or decreases for a given set of returns, often measured by the standard deviation of historical returns.

Initial Yield

The initial yield is a financial measure indicating the first year's return on an investment in real estate or bonds, often expressed as a percentage of the investment's cost.

Yield Sensitivity

The degree to which the price of a bond or other debt security responds to changes in interest rates, affecting investors' returns.

Price Volatility

Price Volatility describes the extent to which the price of an asset or security fluctuates over time, indicating the level of risk involved.