Which of the Following Best Describes a Way in Which

question 48

Multiple Choice

Which of the following best describes a way in which the House differs from the Senate?

• A) The House is more centralized and organized than the Senate.
• B) The House is a looser and more deliberative body than the Senate.
• C) The House's representatives are much less specialized than the Senate's members.
• D) The House has a much greater level of turnover in its membership than the Senate.
• E) Only the House has the authority to approve the president's appointments to the federal judiciary.

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Definitions:

Endowment Fund

A financial asset, in the form of donations, made to non-profit organizations that uses the generated income for a specific purpose.

Present Value

Present value is the current worth of a future sum of money or stream of cash flows given a specified rate of return, used in discounted cash flow analysis to assess the profitability of an investment.

Future Value

Future value is the value of a current asset at a specified date in the future based on an assumed rate of growth over time.

Interest Rate

The interest rate applied to a loan, frequently shown as an annual percentage of the loan's outstanding figure to the borrower.