Which of These Was Not Enacted or Created During the Nixon

question 12

Multiple Choice

Which of these was not enacted or created during the Nixon years?

• A) Environmental Protection Agency
• B) OSHA
• C) Pell Grants for higher education
• D) Doubling of the budget for the National Endowment for the Humanities
• E) Increased funding for the National Endowment for the Arts

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Definitions:

Cost Driver

A factor that causes a change in the cost of an activity, essentially determining the level of expense incurred in producing a product or service.

Least Squares Regression

A statistical method used to determine the line of best fit by minimizing the sum of the squares of the differences between observed and predicted values.

Squared Deviations

The squares of the differences between individual observations and the mean of those observations, used in variance and standard deviation calculations.

Cost Line

A graph representation showing the relationship between the cost incurred by a company and the level of activity or volume of production.