Which of the Following Is a Problem with American Democracy

question 40

Multiple Choice

Which of the following is a problem with American democracy?

• A) The government always responds to public opinion.
• B) The U.S. national debt is the lowest it's ever been.
• C) Political polarization is decreasing.
• D) The rate of turnout in elections is at an all-time high.
• E) Racial tensions persist across the country.

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Definitions:

Standard Cost

A predetermined cost of manufacturing a single unit or a number of product units during a specific period, used as a benchmark to control costs.

Variable Manufacturing Overhead

Costs that fluctuate with the volume of manufacturing activity, including supplies, utilities, and indirect labor.

Labor Efficiency Variance

The difference between the actual number of labor hours worked and the standard hours expected to complete the work, multiplied by the standard labor rate.

Variable Overhead Efficiency Variance

The difference between the actual variable overhead incurred and the expected variable overhead based on the standard cost, attributed to efficiency in using resources.