Question

1. Assume you are an elected member of Congress. A lobbying group has agreed to provide financial support for your re-election campaign next year. In return for the group’s support, you have been asked to champion their self-interests in the form of a spending bill that is being considered by Congress. What would you do?

2. Match the following financial instruments and securities with their typical maturities.

Instruments/Securities             Maturities

a. corporate stocks                   1. 2 to 40 years

b. Treasury notes/bonds           2. no maturity

c. mortgages                            3. 2 to 30 years

d. municipal bonds                  4. 5 to 30 years

Answer 1

2.

a) corporate stocks are a kind of ownership in the company or organisation since they have no maturity life.

b) Treasury notes/bonds are long term bonds which offer maturity period from 2 to 30 years.

c) Mortgages type of loan which is provided by banks and financial institutions having period of 2 to 30 years.

d) municipal bonds are collected from public for development of local governments generally they have maturity life for 2 to 40 years.

1. Being me as an elected member of congress i would usually think to be beneficial for my political life by doing all the respective things. But the support should be from the bottom of the heart, but not for the things which i help for them.But spending bill this type of business tactics does not help for my future certainty. so i would be an a member of the lobby group and i will be a socialist by the principle of by the people , for the people, to the people.