Match the Person or Term with the with the Correct

question 59

Multiple Choice

Match the person or term with the with the correct description.
-National Recovery Administration

• A)investigated disloyalty
• B)hydroelectric project
• C)International Labor Defense
• D)radio address
• E)large and active government
• F)drought-struck area around Oklahoma and Texas
• G)Roosevelt's first action
• H)recognized labor unions
• I)communists
• J)minimum retirement program
• K)blue eagle
• L)relief for young men

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Definitions:

Savings

Money set aside from income for future use, typically held in secure or low-risk savings accounts or investment products to preserve or grow wealth.

Frequency of Compounding

The number of times interest is added to the principal balance of an investment or loan per time period, affecting the total interest earned or paid.

Future Value

The value of a current asset at a specified date in the future based on an assumed rate of growth.

Compounded Annually

A method of calculating interest in which the interest is added to the principal at the end of each year, then new interest is calculated on the total for the next period.