Which of the Following Is Not a Key Difference Between

question 24

Multiple Choice

Which of the following is not a key difference between the mayor-council and the council-manager forms of local government?

• A) The council-manager style was meant to reduce the possibility of corruption that the mayor-council system may bring.
• B) The council-manager system is the most popular form of government throughout the United States for cities with over 10,000 residents.
• C) In the council-manager system, the chief executive is a city manager, not a mayor.
• D) In the council-manager system, local politics is viewed as a full-time job, unlike in the mayor-council system.
• E) In the council-manager system, local politics is viewed as a part-time job, unlike in the mayor-council system.

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Definitions:

Personal Loan

A type of unsecured loan provided by financial institutions based on the borrower’s creditworthiness without collateral.

Perpetuity

A type of annuity that continues indefinitely, often used in finance to model consistent payments or cash flows without an end date.

Compounding Period

The frequency with which interest is added to the principal balance of an investment, which can be annually, semiannually, quarterly, etc.

Annual Percentage Rate

A measure of the cost of borrowing expressed as a yearly interest rate that includes fees and costs associated with the loan.