New Federalism Evolved Due, in Part, to

question 42

Multiple Choice

New Federalism evolved due, in part, to

• A) President Lyndon Johnson's advocacy.
• B) President John Kennedy's advocacy.
• C) President Barack Obama's advocacy.
• D) the Republican takeover of Congress following the 1994 midterm elections.

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Definitions:

Net Present Value

The economic distinction based on the present valuation of incoming versus outgoing cash flows during a fixed period.

Profitability Ratio

A class of financial metrics used to evaluate a business's ability to generate earnings as compared to its expenses and other relevant costs incurred during a specific period of time.

Average Accounting Return

A financial ratio that measures the average net income a company expects to earn from an investment compared to its initial cost.