As a Response to the Great Depression and in Contrast

question 15

Multiple Choice

As a response to the Great Depression and in contrast to previous federal economic policy,

• A) Hoover argued against government-sponsored loans bailing out big businesses and banks.
• B) Hoover did not support a tax increase.
• C) Hoover approved public-works projects for the unemployed.
• D) Hoover signed a direct relief bill designed to help the unemployed.
• E) Hoover sought economic aid from allies in Europe.

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Definitions:

Dependency Exemption

A tax deduction allowed for a taxpayer to claim for those who depend on the taxpayer's financial support, such as children or relatives, reducing taxable income.

Standard Deduction

A fixed dollar amount that reduces the income you're taxed on, which varies according to your filing status.

Single Taxpayer

A tax filing status for individuals who are unmarried, divorced, or legally separated, and do not qualify for another filing status.

Situational Approach

A leadership framework which suggests that the most effective style of leadership is contingent upon the situation at hand.