Which of the Following Is True of the Presidential Election

question 76

Multiple Choice

Which of the following is true of the presidential election of 1964?

• A) The election marked the first time since the Civil War that a Democratic presidential candidate did not carry the states of the Deep South.
• B) The election temporarily turned relations between the United States and the Soviet Union into a minor issue in American politics.
• C) The election gave Johnson a landslide victory, but it also gave him the most conservative Congress in history.
• D) The election featured the most peaceful party conventions in twenty-five years.

---

Definitions:

Market Power

The ability of a firm to influence or control the price and quantity of goods or services in a market.

Marginal Revenue

The additional income obtained from selling one more unit of a product or service.

Demand Schedule

A table that shows the quantity of a good or service that consumers wish to buy at each price level.

Output

The quantity of goods or services produced by a firm, industry, or economy in a given period.