Despite His Status as a Military Hero, General Ulysses S

question 89

Multiple Choice

Despite his status as a military hero, General Ulysses S. Grant proved to be a weak political leader because he

• A) was personally dishonest and corrupt.
• B) did not believe in the principles of the Republican party.
• C) was incapable of striking the type of political compromises necessary for a successful political leader.
• D) had no political experience and was a poor judge of character.
• E) lacked political ambition.

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Definitions:

Pollution

The introduction of contaminants into the natural environment that cause adverse change.

Socially Optimal Quantity

The level of production that maximizes societal welfare, often considered at the point where marginal cost equals marginal benefit.

Marginal Social Cost

The total cost to society of producing one additional unit, including both private costs and any external costs.

Marginal Social Benefit

The extra advantage to the community that comes from creating or using an additional unit of a product or service.