When Dwight Eisenhower Left the Presidency in 1961

question 57

Multiple Choice

When Dwight Eisenhower left the presidency in 1961

• A) it was noted that his second term had produced little of value, since he was a "lame duck."
• B) Congress was firmly in the hands of the Republicans.
• C) he was unhappy with Vice President Nixon's unbending anticommunism.
• D) he had clearly lost control of the Democratic-dominated Congress.
• E) he remained an extraordinarily popular figure.

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Definitions:

NDP

Net Domestic Product (NDP) refers to the total value of all goods and services produced within a country in a specific time period, minus the total value of the goods and services used up in production.

GDP Deflator

An indicator of the price levels for all newly produced domestic final goods and services within an economy, utilized for transforming nominal GDP into real GDP.

Inflation

A universal surge in prices and a dip in the value of monetary assets.

Real GDP

The measure of a country's economic output adjusted for price changes or inflation.