The New Deal Reforms Included a Large Transfer of Power

question 64

Multiple Choice

The New Deal reforms included a large transfer of power to ________ and ________.

• A) Congress; the president
• B) bureaucrats; the president
• C) bureaucrats; state governors
• D) Congress; state governors

---

Definitions:

Lease Financing

A method of funding for acquiring assets, where the item is leased rather than purchased outright, often with an option to buy at the end.

Cash Payment

A transaction in which the payment for goods or services is made in cash at the time of purchase.

Debt Financing

A method of funding where a company raises capital through borrowing, typically from institutional sources or by issuing bonds.

Return On Equity

A measure of financial performance calculated by dividing net income by shareholders' equity, indicating how efficiently a company uses investments to generate earnings growth.