Roosevelt's Belief That He Could Build Trust with the Soviet

question 13

Multiple Choice

Roosevelt's belief that he could build trust with the Soviet government and with Stalin rested on

• A) His belief in their inherent goodness
• B) His belief in their basic pragmatism
• C) His belief in the skill and professionalism of US diplomats
• D) His belief in his own ability to develop a personal relationship of trust

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Definitions:

Short Run

A period in economic analysis during which at least one input is fixed, limiting the ability of firms to adjust to changes in market conditions.

Marginal Product

The growth in production resulting from one more unit of input, while keeping all other inputs the same.

Total Product

The aggregate amount of goods or services generated by a business given a specific amount of resources.

Diminishing Rate

A principle stating that if one factor of production is increased while others are held constant, the incremental gains in output will eventually decrease.