The Commission on Judicial Appointments Consists of

question 27

Multiple Choice

The Commission on Judicial Appointments consists of

• A) a member of the U.S. Supreme Court, the chief justice of the California Supreme Court, and the attorney general.
• B) the governor, the attorney general, a lawyer, and a member of the supreme court.
• C) a member of the supreme court, a lawyer, and a presiding judge on a superior court.
• D) the chief justice of the California Supreme Court, the attorney general, and a presiding judge from the court of appeals.

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Definitions:

Money Supply

The total amount of money available in an economy at a specific time, including cash and deposits.

Opportunity Cost

Sacrificing the chance to gain from other alternatives by committing to one choice.

Real Interest Rate

The interest rate adjusted for inflation, representing the true cost of borrowing and the real yield to lenders or investors.

Equilibrium Interest Rate

The interest rate at which the demand for funds (borrowing) equals the supply of funds (saving), resulting in a stable market condition.