A President's Accomplishments Have Largely Depended on

question 45

Multiple Choice

A president's accomplishments have largely depended on

• A)the margin of victory in the presidential campaign.
• B)whether circumstances favor strong presidential leadership.
• C)the president's ability to come up with good ideas.
• D)the president's skill at balancing the demands of competing groups.
• E)mid-term elections.

---

Definitions:

Production Function

An equation or graph that shows the output generated from different combinations of inputs, usually focusing on labor and capital.

Marginal Product

The increase in output that results from an additional unit of input.

Returns to Scale

Refers to the rate at which output increases as inputs are proportionately increased, categorizing into increasing, constant, or decreasing returns.

Carpet Industry

The sector of the economy specialized in the manufacture and sale of carpets and rugs.