The Bill of Rights Originally Applied To

question 59

Multiple Choice

The Bill of Rights originally applied to:

• A) only the national government.
• B) only the state governments.
• C) both the national and state governments.
• D) neither the national nor the state governments.
• E) only some state governments.

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Definitions:

Interest Rate

The rate charged or paid for the use of money, typically expressed as an annual percentage of the principal.

Annual Interest Rate

The percentage increase in money that occurs over a year, which includes interest on loans, deposits, or investments.

Investments

Assets or items acquired with the goal of generating income or appreciating in value over time.

Interest on Interest

The concept of earning interest on the reinvestment of previous interest payments, a compound interest phenomena.