Which New Deal Program Was Intended to Act as a National

question 23

Multiple Choice

Which New Deal program was intended to act as a national pension system?

• A) Medicare
• B) Social Security
• C) Medicaid
• D) food stamps

---

Definitions:

Real Output

Measure of economic output adjusted for price changes; refers to the quantity of goods and services produced in an economy.

Stagflation

A situation in an economy where the inflation rate is high, economic growth rate slows, and unemployment remains steadily high.

Oil Prices

The cost per barrel of crude oil as determined by global supply and demand factors.

General Theory

A broad and fundamental principle or set of principles intended to explain a major phenomenon or field of study.