Statement I: Bringing Home as Much Federal Money as Possible

question 232

Multiple Choice

Statement I: Bringing home as much federal money as possible to get reelected is the equivalent of the quest for profits that motivates business owners.
Statement II: One example of a government failure has been the deterioration of the American elementary,middle and high school system the last few decades.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Market Value

The existing cost for purchasing or selling an asset or service in the public marketplace.

Stock Price

The monetary value of a share of a company's stock traded on a stock exchange.

Reverse Stock Splits

A corporate action in which a company reduces the total number of its outstanding shares to increase the share price without altering the company's market capitalization.

Shares Outstanding

The total number of shares of stock that are currently owned by shareholders, including those held by institutional investors and restricted shares.