Answer:
The best answer to your question: What was one significant accomplishment of the Hoover administration during his first year in office, would be, B: Creation of a federal agricultural program to regulate farm prices.
Explanation:
Herbert Hoover became the 31st president of the United States right when the country, and the world, was on the verge of a major financial crisis; the Great Depression. Although Hoover attempted several policies to try and help change the situation, both his conservative views on government interventionism, and other factors, prevented these policies from having the desired effect. Among the many areas of American life in which Hoover attempted to help with his policies, was the agricultural field. As such, in 1929 he signed into law the Agricultural Maketing Act, and established with it the Federal Farm Board, which attempted to stabilize prices through cooperatives and corporations, ensure the proper sale of American agricultural products and also ensure the buying of the surplus production by the federal government to help with the stabilization of prices. This is why the answer is B.
Answer:
D. The value of insurance coverage and other employee benefits you would have received if you retained your job at the bank
Explanation:
Opportunity cost is the price you pay for giving up an investment. You can incur this cost by investing your money in another asset or not investing it. Thus, this missed opportunity is the untapped potential of appreciation. In the case of the above question, the opportunity cost of leaving the postgraduate job is only related to the salary that the person earned and not to the amount of insurance coverage and other benefits that bank employment would provide to that person.
From this, we can conclude that the opportunity cost should not include the value of insurance coverage and other employee benefits you would have received if you retained your job at the bank
The answer is 1). Increase farm and factory output :)
Hope this helps!
