Ronald Reagan's Nomination of Sandra Day O'Connor to the Supreme

question 52

Multiple Choice

Ronald Reagan's nomination of Sandra Day O'Connor to the Supreme Court was important because

• A) she turned the court in a more liberal direction.
• B) her appointment gave women a majority on the Supreme Court for the first time.
• C) she insured that Roe v. Wade would not be overturned.
• D) she was the first woman confirmed to the Supreme Court.
• E) her failure to win confirmation showed how the Senate was still dominated by white men.

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Definitions:

Externality Problem

A situation where the actions of individuals or firms result in costs or benefits to others that are not reflected in the market prices.

Subsidy

A financial contribution provided by government to reduce the cost of producing goods or services and support businesses or consumers.

External Costs

Costs of an economic activity that are not borne by the parties directly involved in the transaction but by other individuals or society at large.

Supply Curve

A graph that represents the relationship between the price of a good and the quantity of the good that suppliers are willing to offer for sale.