One Long-Term Consequence of the New Deal Was That

question 32

Multiple Choice

One long-term consequence of the New Deal was that

• A) it brought about a massive, long-term increase in federal power.
• B) the national government assumed responsibility for the basic welfare of the people.
• C) the influence of the government on the economy became greater than that of private businesses.
• D) the government effectively redistributed the wealth among the American people.
• E) the government substantially transformed the distribution of power within American capitalism.

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Definitions:

Year-To-Date Information

Data gathered or accumulated from the beginning of the current calendar or fiscal year up to the present date.

Assets

Anything owned that has exchange value; all the entries on a balance sheet that show the property or resources of a person or business; the money and items of value in a business.

Gross Collection Ratio Formula

A financial metric used in healthcare to measure the percentage of total charges collected out of the total charges billed to patients and insurance companies.

Total Charges

The complete amount of money required or demanded for a service or goods, often including all additional fees and taxes.