Examlex

Solved

In This Method of White House Staff Organization,used by Carter,cabinet

question 33

Multiple Choice

 In this method of White House staff organization,used by Carter,cabinet secretaries and assistants reported directly to the president. 


Definitions:

Positive Externality

A benefit received by someone who had nothing to do with the activity that generated the benefit, often leading to an underproduction of the good/service in a free market.

Compensation

The complete sum of financial and non-financial compensation given to a worker by their employer in exchange for the work carried out as needed.

Marginal Seller

A seller who is indifferent about selling at the current market price and might leave the market if prices decrease.

Cost

Cost is the amount of money required to purchase, produce, or maintain something, encompassing both direct expenses and indirect expenditures.

Related Questions