Which of the Following Is a Fundamental Cause of the Transformation

question 30

Multiple Choice

Which of the following is a fundamental cause of the transformation of the federal bureaucracy into a large entity with many employees and responsibilities?

• A) changes in such structural factors as the U.S. economy, its population, and the role of the United States in the world
• B) a growing number of involvement in foreign wars in recent years
• C) recent changes in the Constitution which have led to increased reliance on bureaucrats
• D) changes in party control of the Congress, which have required the government to increase in size to manage the larger number of bureaucrats
• E) changes in government hiring policies which have required the government to increase the bureaucracy

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Definitions:

No-par Common Stock

Common stock issued without a par value which means it is not assigned a nominal or face value, but it still represents ownership in a company.

Stated Value

A nominal value assigned to a corporation's stock that bears no relation to its market price, used for calculating capital stock.

Par Preferred Stock

A type of preferred stock that has a nominal face value, which is the amount paid out to shareholders during liquidation before common stockholders.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, usually with dividends that are paid out prior to those to common stockholders.