What Do the Authors of Your Text Identify as an Important

question 124

Multiple Choice

What do the authors of your text identify as an important, recent development in political parties in Congress?

• A) They are becoming more bipartisan.
• B) Republicans have gained a strangle-hold on majority control.
• C) Democrats may not be able to hold the House of Representatives in subsequent elections, but will maintain majority control in the Senate.
• D) The seniority system on committees has given way to a centralized party control mechanism.
• E) It is increasingly risky for members of Congress to reach out to the other political party.

---

Definitions:

Pure Discount Loan

A type of loan where the borrower receives a sum of money upfront and repays a greater amount at the end of the term, with no periodic interest payments.

Face Value

The nominal or original value stated on a financial instrument, such as a bond or stock certificate.

Firm's Assets

The economic resources or valuable items owned by a company that are expected to provide future benefits.

Call Option

A financial contract that gives the buyer the right, but not the obligation, to buy a stock, bond, commodity, or other asset at a specific price within a specific time period.