An Example of a President Who Exercised His Power with Success

question 3

Multiple Choice

An example of a president who exercised his power with success was

• A) Lyndon Johnson and his push for civil rights for African Americans.
• B) Gerald Ford and his efforts to fight high unemployment.
• C) Jimmy Carter and his efforts to curb inflation.
• D) Bill Clinton and his attempt to make health care more affordable.

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Definitions:

Ceteris Paribus

A Latin term used in economics to mean "all other things being equal," isolating one economic variable to analyze its effect.

Normative Economics

A branch of economics that expresses value judgments about economic fairness or what the economy ought to be like, focusing on policy prescriptions and outcomes.

Unintended Consequences

Outcomes that are not the ones foreseen or intended by a purposeful action, often contrasting with the action’s intended effects.

Endangered Species

Species of animals or plants that are at risk of extinction throughout all or a significant portion of their habitat.