How Did the Supreme Court Judges React to New Deal

question 33

Multiple Choice

How did the Supreme Court judges react to New Deal laws?

• A) They invalidated key initiatives, as conservative judges continued to understand freedom as liberty of contract.
• B) They sided with Roosevelt and ruled in favor of new legislation.
• C) They decided based on the case and did not rule consistently.
• D) Some supported the New Deal's policies and some did not.
• E) They tended to support economic changes, but not social ones.

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Definitions:

Deadweight Loss

A cost to society created by market inefficiency, which occurs when supply and demand are out of equilibrium.

Ability-To-Pay Principle

A principle in taxation that holds that taxes should be levied according to an individual's or entity's capacity to pay.

Financial Burden

A financial burden is a substantial monetary load that may come in the form of debt, high costs, or other financial obligations that affect an individual's or entity's budget or financial well-being.

Average Tax Rate

The ratio of the total amount of taxes paid to the total income earned, representing the percentage of income paid in taxes.