Which type of market exchanges instruments derived from existing loans and financial assets, hedging them against future changes in prices, earnings, or interest?
a. Securities
b. Bonds
c. Futures
d. Derivatives
d. Derivatives
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Which of the following is an example of a concurrent power?
a. the power to coin money b. the power to declare war c. the power to regulate interstate commerce d. the power to tax e. treaty-making powers
Which of the following is NOT a factor that limits the Majles's legislative power?
A. Its legislation cannot contravene the Constitution of Iran. B. It is a unicameral legislature that is elected by universal suffrage. C. Its policies are limited by unelected specialized bodies. D. Its laws are subject to veto by the Council of Guardians.
British Prime Minister Neville Chamberlain made a major mistake when he followed a policy of appeasement toward Hitler. For Chamberlain, appeasement implied that
a. Great Britain could weaken Hitler by pretending to be his ally while undermining his power. b. Great Britain could actually be an ally to Hitler's Germany. c. offering concessions to Hitler would satisfy his appetite to take over Europe. d. Hitler could be stopped only by an all-out war with Germany.
Approximately _________ percent of the nation's college students attend public institutions of higher education
A. 33 B. 40 C. 60 D. 80 E. 95