This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following best describes the policy of the New Deal to combat the Great Depression? ... (Read 94 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
Which of the following best describes the policy of the New Deal to combat the Great Depression?
 
  (a) Taxation should be increased so as to eliminate the deficit in the federal budget.
  (b) Government spending should be reduced so as to give businesses confidence that the free enterprise system was not being replaced by big government.
  (c) The government should offset deficiencies in private spending with increased government spending in order to create jobsany jobs.
  (d) Private enterprise should be replaced by government planning because the market system had failed to provide prosperity and economic growth.

Question 2

The most commonly used tool by the Federal Reserve to control the monetary base is
 
  a. changes in the discount rate.
  b. changes in tax rates on commercial banks.
  c. changes in legal required reserve ratios.
  d. open market operations.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Amiracle

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

(c)

Answer to Question 2

D


BrownTown3

  • Hero Member
  • *****
  • Posts: 564
Reply #2 on: Jun 30, 2018
Correct answers!


Amiracle

  • Sr. Member
  • ****
  • Posts: 334
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

The Great Smog of 1952 The Great Smog of 1952
Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a Hong Kong is a strange situation. A British colony since 1842, it was handed back to China in 1997 a
Robert Smithson, Spiral Jetty, Great Salt Lake, Utah. Robert Smithson, Spiral Jetty, Great Salt Lake, Utah.
Columns With Papyriform And Bud Capitals, Hypostyle Hall, Great Temple Of Amun At Karnak Columns With Papyriform And Bud Capitals, Hypostyle Hall, Great Temple Of Amun At Karnak
The executive legislative "struggle" over foreign policy The executive legislative "struggle" over foreign policy
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library