What Did the Framers of the Texas Constitution Include to Limit

question 23

Multiple Choice

What did the framers of the Texas Constitution include to limit the abuse of power by the government?​

• A)checks and balances among all government branches
• B)concentration of power in the executive branch
• C)​full appointment power in the legislative branch to select state judges
• D)​the ability of the state to ignore any federal law that conflicts with state law
• E)​improved working conditions among all African Americans living in the state

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Definitions:

Market Interest Rates

The prevailing rates at which borrowers can obtain loans and lenders can invest funds in the broader financial market.

Interest Rate Risk

The potential for investment losses due to fluctuations in interest rates.

Zero Coupon Treasury Bond

A government bond that does not pay interest throughout its life and is sold at a discount from the face value.

Reinvestment Rate Risk

The risk that the returns from reinvesting cash flows will be lower than expected due to changes in interest rate.