required that U.S. Senators be elected directly by the people   DIRECT ELECTION OF SENATORS(1913) Passed by Congress May 13,1912.Ratified Alpril 8 ,1913. NOTE: Article 1 S â¦ ection 3, of the Constitution was modified by the Seventeenth Amendment...it was passed on May 13, 1912, ratified by the states within a year and formally declared an amendment to the Constitution on May 31, 1913 by Bryan, in his role as Secreta â¦ ry of State, becoming the Seventeenth Amendment. http://en.wikipedia.org/wiki/Seventeenth_Amendment_to_the_United_States_Constitution.
Merge this question into. Split and merge into it. Answered by The Community. Making the world better, one answer at a time. Money creation is a term used in economics. It is the means by which money is put into circulation. The amount of money in the economy is monitored by the central banks.
Commonly, the exposure is classified into three types of foreign currency exposure: The simplest kind of foreign currency exposure which anybody can easily think of is the transaction exposure. As the name itself suggests, this exposure pertains to the exposure due to an actual transaction taking place in business involving foreign currency. In a business, all monetary transactions are meant for profits as its end result.