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Federalism allows unity without uniformity because national politicians and parties do NOT have to iron out every difference on every issue that divides us; these issues are debated in state legislatures, county courthouses, and city halls.
Rate of Return
A positive or negative variation in an investment’s worth over a set schedule, expressed as a percentage of what the investment initially cost.
Rate of Interest
The percentage charged on a loan or paid on savings over a period of time, indicating the cost of borrowing or the gain on savings.
Invested
Refers to funds that have been allocated into assets or projects with the expectation of earning a return.
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