In 2009,groups Spent Roughly on Lobbying

question 42

Multiple Choice

In 2009,groups spent roughly on lobbying.

• A)$1.5 billion
• B)$2 billion
• C)$800 million
• D)$3.5 billion
• E)$500 million

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Definitions:

Loan Proceeds

The amount of money that is disbursed to the borrower from the lender minus any fees or costs associated with the loan.

Rate of Return

The profit or deficit incurred on an investment throughout a designated period, shown as a percentage of the investment's starting value.

Savings Account

A savings account is a bank account where you can store money securely while earning interest on your balance.

EAR

Effective Annual Rate (EAR) is a measure of interest that takes into account the effects of compounding over a given period.