Match Each Description with the Item Below

question 55

Multiple Choice

Match each description with the item below.
-Alice Paul

• A)was Woodrow Wilson's closest adviser who worked behind the scenes to excite and mobilize others despite not holding an official government position
• B)ran in the election of 1912 as a socialist who promoted Christianity over Marxism and democracy over totalitarianism
• C)was an author and teacher who became a muckraker to call attention to abuses by oil companies and insisted it was up to the people to fix them
• D)endorsed a Square Deal for "every man, great or small, rich or poor" that featured the "Three Cs" marked by greater government control
• E)helped found the National Association for the Advancement of Colored People and questioned the idea of a "New Freedom" for white Americans and a "new slavery" for Afro-Americans
• F)organized demonstrations on behalf of women's rights during Woodrow Wilson's presidency and went on a hunger strike while in prison
• G)wrote Congressional Government and created the Federal Trade Commission to prevent the creation of monopolistic trusts
• H)promoted the prohibition of alcohol as well as the creation of an eight-hour workday, the regulation of child labor, and government-funded kindergartens
• I)served on the Ohio Supreme Court, was the first American governor-general of the Philippines, and was a cautious and conservative progressive
• J)was the first Jewish member of the Supreme Court who designed the New Freedom to be a means of restoring economic competition

Grasp the concept of payback methods and their limitations.

Understand the rationale behind mutually exclusive projects and how to select between them.

Comprehend the impact of the cost of capital on project valuation.

Understand the concept of capital rationing and its theoretical aspects.

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Definitions:

Implicit Cost

The opportunity costs that arise from using assets, resources, or funds in specific ways rather than the next best alternative.

Capital

The total value of assets owned by an individual or firm—physical assets plus financial assets.

Opportunity Cost

The cost of the next best alternative foregone as the result of making a decision.

Depreciation

The reduction in the value of an asset over time, often due to wear and tear or obsolescence.