When He Entered Office, Roosevelt

question 62

Multiple Choice

When he entered office, Roosevelt

• A) had a detailed plan of what he intended to do.
• B) relied on the advice of a group of intellectuals and social workers.
• C) promised to increase government spending.
• D) planned to favor business owners.
• E) promoted the full integration of immigrants to America.

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Definitions:

Compensating Differentials

Wage differentials that compensate workers for the job attributes, such as difficulty level or undesirable conditions, indicating the premium required to attract workers to these positions.

Marginal Productivity Theory

A principle that describes how the addition of a unit of labor or capital increases output, holding other factors constant.

Unequal Distribution

A situation where resources, wealth, or opportunities are not evenly shared among members of a society.

Median Earnings

The midpoint of income distribution, meaning that half of the workers earn more than this amount and half earn less.