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What is operating leverage? The degree of operating leverage is 2.75.What does this mean?
New Deal
The series of economic measures introduced by President Franklin D. Roosevelt to combat the Great Depression, emphasizing financial reform, job creation, and social welfare programs.
Social Security
A government program that provides monetary assistance to people with an inadequate or no income, especially the elderly, disabled, and unemployed.
Southern Veto
denotes the historical power of southern states in the U.S. to block or influence national legislation, particularly related to civil rights and other issues pertinent to the region.
New Deal Programs
A series of projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the 1930s aimed at recovering from the Great Depression.
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