What Does It Mean That Some Americans Believed the U

question 26

Multiple Choice

What does it mean that some Americans believed the U.S.had "continental destiny"?

• A) It meant that some Americans believed that the U.S. should control all of the North American continent.
• B) It meant that some Americans believed that the U.S. should expand from the East coast to the West coast, controlling all the lands in between.
• C) It meant that some Americans believed that the U.S. should support Latin American countries fighting for their independence.
• D) It meant that some Americans believed that the U.S. should join with continental Europe to fight the British Empire.
• E) It meant that some Americans believed that the U.S. should join with the continental European countries that opposed Latin American independence.

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Definitions:

Period Cost

Costs that are expensed in the period in which they are incurred, without direct link to production activity, such as selling, general, and administrative expenses.

Contribution Margin Ratio

A profitability ratio that measures the percentage of sales revenue that exceeds variable costs, indicating how much contributes to fixed costs and profit.

Variable Cost Ratio

A measure of a company's variable costs as a percentage of sales, which shows the proportion of sales that is consumed by variable costs.

Profit-Volume Ratio

A measure that illustrates how profits will change with a change in volume, showing the relationship between profit and sales levels.