Jimmy Carter Was Defeated for Reelection in 1980 in Part

question 56

Multiple Choice

Jimmy Carter was defeated for reelection in 1980 in part because of ​

• A) his hostility toward Jews and Arabs proved politically fatal.
• B) the economic crises of stagnant oil prices and deflation.
• C) the struggling economy and the Iranian hostage crisis.
• D) his failure to obtain the release of American spies held by Communist Russia.
• E) his association with the Watergate era of politics.

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Definitions:

Firms

Businesses or companies that produce goods or provide services in exchange for monetary profit.

Hired Workers

Individuals employed to perform services or labor for compensation under the direction of an employer.

Derived Demand

Demand for a product or service that results from the demand for another good or service, like the demand for steel driven by demand for cars.

Demand for Labor

The demand for labor reflects the amount of labor employers are willing to hire at a given wage rate, influenced by economic conditions and productivity.