Which of the Following Descriptions More Accurately Describes the Senate

question 44

Multiple Choice

Which of the following descriptions more accurately describes the Senate as opposed to the House?

• A)It is like a great debating society.
• B)It is responsive to local interests.
• C)It is attentive to detail.
• D)It is relatively impersonal.
• E)It limits debate strictly.

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Definitions:

Excess Reserves

The amount of reserves that a bank holds beyond the required minimum set by the central bank or regulatory authority.

Liquidity

Money or things that can be quickly and easily converted into money with little or no loss of value.

Profits

The financial gain that is achieved when the amount of revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the principle.