When Bill Clinton Ran for President in 1992 He

question 120

Multiple Choice

When Bill Clinton ran for president in 1992 he

• A)emphasized his roots in the 1960s.
• B)cast himself as a traditional Democrat.
• C)was hurt that neither he nor his running mate had any military service.
• D)made the preservation of the welfare system a top priority.
• E)admitted to having extramarital affairs.

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Definitions:

Interest Rate

The percentage of a sum of money charged for its use, often expressed on an annual basis.

Income

The financial benefit achieved regularly through employment or committing capital.

Utility Function

A mathematical representation in economics that assigns a value to each possible choice or bundle of goods to reflect the satisfaction or happiness a consumer derives from it.

Consumption

The application of goods and services by domestic units.