What Was the Response of Conservative Politicians, Such as Richard

question 13

Multiple Choice

What was the response of conservative politicians, such as Richard Nixon, to Senator Kefauver's proposed reform bill in 1961?

• A)The bill would trample on individual liberties and contribute to the growth of a national bureaucracy.
• B)The bill was an intrusion on doctors' ability to use their own independent medical judgment.
• C)The bill's reform of the patent system through compulsory licensing needed to be scaled back.
• D)The bill's calls for more complete information and a requirement of efficacy as well as safety were worthy goals.

---

Definitions:

Aggregate Supply Curve

A graph that shows the relationship between the overall price level in the economy and the total output (GDP) that firms produce and sell, at all possible price levels.

Trade Restrictions

Measures imposed by governments to regulate international trade, including tariffs, quotas, and embargoes.

Natural Resources

The inputs into the production of goods and services that are provided by nature, such as land, rivers, and mineral deposits.

Aggregate Demand

The total demand for all finished goods and services produced in an economy at a given time and price level.