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45. Unit 8-9: New Deal - Part 2 (1)
Test Description: SocialStudiesGames.net
Instructions: Answer all questions to get your test result.
1) The federal reserve was incompetent and deserve much of the blame for the great depression.
A
False
B
True
2) Deflation lowers the demand for goods and therefore decreases or increases the price of goods.
A
decreases
B
increases
3) The theory of Keynesian Economics advocates using government spending programs to increase_________________ and stimulate the economy.
A
Employment
B
Public works
C
Bridges and highways
D
Supply
4) In the past, our depressions were cyclical and usually lasted about a year.
A
False
B
True
5) Due to government manipulations and the printing of more money the Great Depression lasted __________.
A
10 years
B
4 years
C
5 years
D
12 years
6) The national economy should __________resulting in periods of boom and bust.
A
Repair itself
B
Recover
C
Fluctuate
D
Remain the same
7) The _________________ is playing a larger role in our daily lives than ever before.
A
Farmers
B
Military
C
Government
D
Businesses
8) The government started government works projects to get more or fewer people working.
A
fewer
B
more
9) The government may have helped cause the great depression by allowing loose lending standards.
A
True
B
False
10) The Federal Reserve's policies of low interest rates lead to ______________.
A
Inflation
B
People borrowing more money
C
Increased employment
D
Deflation
*select an answer for all questions
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