The Original Checks and Balances System Has Been Modified by

question 53

Multiple Choice

The original checks and balances system has been modified by

• A) the demise of political parties.
• B) the abolition of all regulatory agencies.
• C) the direct election of senators.
• D) giving representatives a four-year term.
• E) severe restrictions on use of the impeachment power.

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Definitions:

Hedging

A risk management strategy used to offset potential losses in investments by taking an opposite position in a related asset.

Price Fluctuations

Variations in the price levels of goods, services, or assets in a market over a period of time.

Financial Risk

Financial risk involves the potential of losing financial resources or assets due to business activities, including market fluctuations, credit risk, and liquidity risk.

Fixed-Rate

Pertains to loans, mortgages, or other financial products that have an interest rate that remains constant for the entire term of the loan.