The basics of the welfare state in the United States started as part of:
A. reparations after WWI in the late 1910s.
B. the Bretton Woods plan after WWII in the 1940s.
C. the Great Recession Recovery and Aid Acts in the 2000s.
D. the New Deal legislation in the 1930s.
Answer: D
You might also like to view...
An individual pays $100 every month as rent for an apartment, and his monthly opportunity cost of commuting from the apartment to his place of work is $40. Which of the following statements is then true?
A) The direct cost of renting the apartment is $140. B) The indirect cost of renting the apartment is $140. C) The direct cost of renting the apartment is $40, whereas the indirect cost of renting the apartment is $100. D) The direct cost of renting the apartment is $100, whereas the indirect cost of renting the apartment is $40.
Economic conflict(s) leading to the Civil War ___________________________.
A. were over tariffs and the extension of slavery into the new territories B. was the growing free trade with England C. was Abraham Lincoln freeing the slaves D. None of the choices are true
The slower the marginal utility declines as more of a good is consumed the:
A. larger the opportunity cost of the good. B. smaller the elasticity of demand. C. smaller the opportunity cost of the good. D. greater the elasticity of demand.
When the Federal Reserve System wants to increase the money supply, which of the following actions would the Fed choose?
A. It purchases U.S. government securities. B. It increases the discount rate. C. It increases the required reserve ratio. D. It sells bonds on the open market.