After Japan Entered the Tripartite Pact with Germany and Italy

question 66

Multiple Choice

After Japan entered the Tripartite Pact with Germany and Italy, President Roosevelt __________________.

• A) waged an undeclared war against Japanese naval forces in the Pacific
• B) secured legislation that gave him the power to enforce the Open Door policy in the Far East
• C) imposed an embargo on shipments of aviation fuel and scrap metal to Japan
• D) signed mutual defense treaties with Far Eastern nations threatened by Japanese aggression

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Definitions:

Diminishing Marginal Utility

is an economic principle stating that as a person increases consumption of a product, there is a decline in the additional satisfaction (utility) that person gains from consuming one more unit of the product.

Marginal Utility

The additional satisfaction or usefulness obtained from acquiring or consuming one more unit of a good or service.

Marginal Utility

The increase in satisfaction or utility a consumer experiences from the consumption of one additional unit of a good or service.

Positive Utility

The benefit or satisfaction gained from consuming goods and services, contributing to overall well-being.