Which of the Following Categories in the Population Was More

question 18

Multiple Choice

Which of the following categories in the population was more like to support the Volstead Act (passed in 1919) ,which imposed a national prohibition on the sale of alcohol?

• A) Catholics (versus Protestants)
• B) immigrants (versus native-born Americans)
• C) urban residents (versus rural and small-town dwellers)
• D) members of the working class (versus farmers and the middle class)
• E) Anglo-Saxons (versus persons whose ancestry stemmed from eastern and southern Europe)

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Definitions:

Fixed Costs

Costs that do not vary with the level of production or sales within a certain range, such as rent, salaries, and insurance.

Variable Cost

A cost that varies with the level of output or activity, such as materials and labor costs.

Operating Leverage

A financial ratio that measures the degree to which a firm or project can increase operating income by increasing revenue.

Operating Income

The income earned from a company's day-to-day operations, calculated before taking into account interest and taxes.