One of the Key Differences Between the House and Senate

question 82

Multiple Choice

One of the key differences between the House and Senate is that the Senate

• A)is more centralized.
• B)is less dependent on seniority for determining power.
• C)has a lower turnover rate.
• D)has stronger leadership.
• E)has more anarchy.

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Definitions:

Funded Status

A measure of the financial health of a pension plan, indicating the difference between plan assets and liabilities.

Actuarial Value

A measure of the average amount of benefit a health insurance plan is expected to pay, used to compare different health insurance policies.

Actuary

A professional who analyzes financial risk using mathematics, statistics, and financial theory, mostly in the insurance and pension plan industries.

Expected Return

The anticipated amount of profit or loss an investment generates over a given period of time.