Rationing Occurs for Goods

question 220

Multiple Choice

Rationing occurs for goods

• A) that have a positive price.
• B) that have a zero price.
• C) that have a negative price.
• D) that are not manufactured.

---

Definitions:

Roosevelt Administration

The period of U.S. governance under President Franklin D. Roosevelt from 1933 to 1945, known for the New Deal programs.

Federal Reserve Board

The governing body of the Federal Reserve System, overseeing the U.S. central banking system and responsible for regulating the nation's monetary policy.

Recession 1937-38

A sharp economic downturn that occurred during the late 1930s in the United States, part of the larger Great Depression era, marked by high unemployment and deflation.

National Output

The total value of all goods and services produced by an economy over a specific time period.