How Is a Constitutional Amendment Ratified

question 56

Multiple Choice

How is a constitutional amendment ratified?

• A)either by two-thirds of state legislatures or by special state conventions in two-thirds of the states
• B)either by three-fourths of state legislatures or by special state conventions in three-fourths of the states
• C)either by two-thirds of the U.S.Congress or by two-thirds of the U.S.Senate
• D)either by three-fourths of the U.S.Congress or by three-fourths of the U.S.Senate

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Definitions:

Forward Rate

A financial term describing the agreed-upon exchange rate for currencies to be exchanged at a future date between parties.

Foreign Exchange Gain

A profit arising from the increase in value of one currency against another.

Exchange Rates

The rate at which one currency can be exchanged for another, which can fluctuate based on market conditions.