Why Do State Legislators Rely More on Their State and Local

question 70

Multiple Choice

Why do state legislators rely more on their state and local parties for election assistance than do their congressional counterparts?

• A) because state legislators are not able to make campaign-related decisions on their own
• B) because state legislators base their main talking points directly on state and local public policy
• C) because members of Congress do not like to make visits to their home states
• D) because members of Congress have easier access to funds and other campaign resources from other sources

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Definitions:

Quick Ratio

A liquidity metric that indicates a company's capacity to pay off its short-term liabilities with quick assets (cash, marketable securities, and receivables).

Interest Calculations

The process of determining the cost of borrowing money or the gain on saved or invested money over a period, typically expressed as a percentage of the principal.

Journalize

The process of recording transactions in a journal or diary in accounting, which includes the date, accounts affected, and amounts, followed by a brief description of the transaction.

Temporary Investments

Investments not intended to be held for a long term, such as stocks or bonds, purchased with the intention of selling in the near future.