The New Deal was the economic program of

A. Herbert Hoover.
B. Franklin D. Roosevelt.
C. Dwight D. Eisenhower.
D. Lyndon B. Johnson.


B. Franklin D. Roosevelt.

Economics

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Why is the nominal interest rate the opportunity cost of holding money?

What will be an ideal response?

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In the figure above, using the midpoint method, the price elasticity of demand when the price falls from $8 to $7 is equal to

A) 2.50. B) 1.63. C) 0.40. D) 0.62. E) 1.00.

Economics

What are rational expectations, and how might rational expectations make monetary policy ineffective?

What will be an ideal response?

Economics

Oligopolists use advertising as a way of differentiating their products

a. True b. False Indicate whether the statement is true or false

Economics