Answer:Federalism
Explanation:Federalism is the system of government in which power is divided between a central government and regional governments; in the United States, both the national government and the state governments possess a large measure of sovereignty.
It includes the state senate and the state House of Representatives. It is similar to US congress.
The first step in the investment process is the development of a <u>policy statement.</u>
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Investing is dedicating an asset to achieve an increase in value over a period of time. Making an investment requires sacrificing your current assets such as time, money, and effort.
In finance, the purpose of investment is to make a profit on the money invested. Where income consists of realized gains (profits) or losses on the sale of real property or investments, unrealized capital appreciation (or depreciation), investment income such as dividends, interest or rental income, or a combination of capital gains and income there is.
Returns may also include currency gains or losses due to exchange rate fluctuations.
Investors generally expect higher returns from riskier assets. Low-risk investments usually have lower returns as well. Similarly, high risk is associated with high return opportunities.
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Question order bias, or "order effects bias", is a type of response bias where a respondent may react differently to questions based on the order in which questions appear in a survey or interview
