The New Deal Program of the Following Agency Represented the Most

question 44

Multiple Choice

The New Deal program of the following agency represented the most economically complex, managerially ambitious, and unsuccessful New Deal effort to achieve recovery and reform the entire American economy.

• A) Public Works Administration
• B) National Recovery Administration
• C) Tennessee Valley Authority
• D) National Labor Relations Act (Wagner Act)
• E) Social Security Administration

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Definitions:

CPI

The Consumer Price Index is a metric that calculates the average prices of a selected group of consumer goods and services, such as healthcare, transportation, and food, using a weighted average system.

Price Index

A statistical measure that examines and tracks the changes in price levels of a basket of goods and services over time, used to measure inflation or cost of living changes.

GDP Deflator

A metric reflecting the price rates of freshly created, domestically made, final goods and services in an economic system.

Consumer Price Index

An indicator that evaluates the weighted average cost of a collection of consumer products and services like healthcare, food, and transportation.