Which of the Following Was a Result of the Many

question 24

Multiple Choice

Which of the following was a result of the many programs introduced as part of the New Deal?

• A) a business environment of uncertainty that reduced output and investment
• B) a speeding up of the economic recovery process once these programs were enacted
• C) an increase in trade, investment, and output within the business sector
• D) a steady decline in the unemployment rate

---

Definitions:

Amortization

The gradual reduction of a debt or the spreading out of capital expenses for intangible assets over a specific period of time.

Bond Payable

A bond payable is a long-term liability where a borrower agrees to pay back a fixed amount of funds at a future date, along with periodic interest payments.

Interest Expense

The cost incurred by an entity for borrowed funds, represented as interest payments on debts such as loans, bonds, or lines of credit.

Discount

The excess of the face amount of bonds over their issue price or the excess of the par value of stock over its issue price.