Which of the following spelled out in law the responsibility of the federal government for the economy?
A) the Wagner Act
B) the Hatch Act
C) the Pendleton Act
D) the Employment Act of 1946
E) the Taft-Hartley Act
Question -2-The central idea of the New Deal was
A) to raise military spending.
B) to balance the budget.
C) that the government could and should solve the country's economic and social problems.
D) that the government should operate according to the principles of supply-side economics.
E) self-reliance.
Question -3-The government has committed itself not only to simply solving problems in the economy, but also to assuming a key role in the nation's economic system by
A) regulating business.
B) giving economic support to the unemployed, the poor, and retired persons.
C) using the government's taxing and spending powers to try to control the business cycle-the level of unemployment and inflation.
D) all of the above.
E) none of the above.
Question -4-Which president came up with a program in which the federal government committed itself not simply to solving problems in the economy, but also to assuming a key role in the nation's economic system?
A) Bill Clinton's It's the economy, stupid.
B) George Bush's No new taxes
C) Franklin D. Roosevelt's New Deal
D) Lyndon B. Johnson's War on Poverty
E) Herbert Hoover's Fair Share
Quick Reply
