For the Past 15 Years the American Public Has Wanted

question 84

Multiple Choice

For the past 15 years the American public has wanted to buy big trucks. The Big Three automakers delivered, investing billions in plants that build gas guzzlers. Now, when customers walk into showrooms, gas mileage is on their mind. Retooling the industry will take years, so in the meantime GM, Ford and Chrysler are tweaking their existing models. They're changing tires, adjusting transmissions and exhaust valves in hopes of getting one or maybe two more miles per gallon. Which of the decisions by the Big Three to gain gas mileage is a short run decision?

• A) Adjusting exhaust valves
• B) Adjusting transmissions
• C) Changing tires
• D) All of these decisions are short run decisions.

Understand the processes involved in the creation, ratification, and amendment of the U.S. Constitution, including the mechanisms of checks and balances and separation of powers.

Appreciate the revolutionary spirit of 1776 and its expression through acts of independence, democratic ideals, and the quest for liberty and equality.

Understand the philosophical influences on the Declaration of Independence.

Comprehend the distinctions and outcomes between elite and popular visions of democracy in early American political development.

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Definitions:

Cost Of Equity

The return that a company must offer investors to compensate for the risk of investing in its shares.