Which of the Following About the New Deal Is INCORRECT

question 4

Multiple Choice

Which of the following about the New Deal is INCORRECT?

• A) During the New Deal, the U.S. federal government established a national safety net including the Social Security program.
• B) During the New Deal period, the U.S. Congress asserted its dominance over the presidency in the policy-making process.
• C) During the New Deal, the size of the U.S. government expanded greatly.
• D) While the New Deal introduced policies and programs that were significantly different from those  before the Great Depression, the new policies still reflected underlying American values.
• E) Class-based politics were kept to a minimum during the New Deal era.

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Definitions:

Risk-loving

An inclination to engage in behaviors or decisions that involve exposure to uncertainty, with the potential for higher rewards.

Expected Value

The sum of the payoffs associated with each possible outcome of a situation weighted by its probability of occurring.

Fixed Salary

A pre-determined amount of pay that an employee receives on a regular basis, such as monthly or annually, regardless of performance or hours worked.

Utility

An economic term that represents the satisfaction or pleasure individuals gain from consuming goods or services.