A Leading U

question 12

Multiple Choice

A leading U.S. general during the Allied campaigns in North Africa and Sicily, this general led the U.S. Third Army in its rescue of the U.S. troops surrounded during the Battle of the Bulge.

• A) George Marshall
• B) Douglas MacArthur
• C) Omar Bradley
• D) George S. Patton
• E) Chester W. Nimitz

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Definitions:

Macroeconomics

The part of economics concerned with the performance and behavior of the economy as a whole. Focuses on economic growth, the business cycle, interest rates, inflation, and the behavior of major economic aggregates such as the household, business, and government sectors.

Microeconomics

The part of economics concerned with (1) decision making by individual units such as a household, a firm, or an industry and (2) individual markets, specific goods and services, and product and resource prices.

Aggregates

A broad category of coarse to medium-grained particulate material used in construction, including sand, gravel, crushed stone, slag, and recycled concrete.

Opportunity Cost

Opting for one opportunity causes the relinquishment of possible gains from not selected alternatives.