What Did Ulysses S

question 7

Multiple Choice

What did Ulysses S. Grant's election in 1868 suggest?

• A) Reconstruction was not popular anywhere in the country.
• B) Sound money was the first priority for most voters.
• C) Republicans needed the newly enfranchised southern freedmen to ensure national victories.
• D) American voters were tired of corruption in government.
• E) Americans were wary of military men in politics.

---

Definitions:

Total Utility

The total satisfaction received from consuming a given total quantity of a good or service.

Income

The money received by an individual or business in exchange for labor, services, or investment, constituting a basis for consumption and savings.

Consumer Equilibrium

The point at which the amount of goods purchased by a consumer is equal to their preference at prevailing market prices, maximizing utility.

Utility

The satisfaction or benefit a consumer derives from consuming a good or service.