The Annual State of the Union Address Has, Over the Past

question 13

Multiple Choice

The annual State of the Union address has, over the past few decades, become a storied tradition in American political life.For most of the first century after the Constitution's adoption, however, presidents only wrote an annual report, which was read to Congress.That changed, however, when:

• A) the unusually charismatic and media-savvy President Theodore Roosevelt delivered the address in person to attract wide-circulation newspaper attention.
• B) the popularity of television grew, beginning in the 1950s and extending through the early 1960s.
• C) President Franklin D.Roosevelt used the annual address to propose new policies and specific actions in Congress.
• D) the Supreme Court ordered presidents-starting with Woodrow Wilson in 1913-to follow the Constitution and give an in-person State of the Union report to Congress.

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Definitions:

Variable Cost

Costs that fluctuate directly with changes in production or sales volume.

Product Costs

The costs that are directly associated with the manufacturing of products, including direct labor, materials, and manufacturing overhead.

Variable Cost

Expenses that change in proportion to the activity of a business, such as raw materials and direct labor costs.

Contribution Margin

The remaining amount of revenue after variable costs have been subtracted, indicating how much revenue is contributing to fixed costs and profits.