The Constitution

question 223

Multiple Choice

The Constitution

• A) still reflects the basic intentions of the Framers with regard to democracy and popular sovereignty.
• B) became far more democratic over the years than was originally intended by the Framers.
• C) has become less democratic and more republican than the Framers intended.
• D) has been amended so often that there is little of substance that remains from the original document.
• E) has proven to be inflexible at dealing with problems of modern society.

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Definitions:

Retention Ratio

The proportion of net income that is retained by a company rather than distributed to its shareholders as dividends, indicating how much profit is reinvested.

Net Income

The amount of money remaining after all operating expenses, taxes, and interest have been deducted from total revenue.

Total Assets

The sum of all assets owned by a company, including cash, inventory, property, and equipment.

Dividend Payout

The portion of net income paid to shareholders as dividends, usually expressed as a percentage.