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Economics

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Isidro O'Keefe

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Cards in this guide (16)
Under what heading did the social programs of the 1930s come

new deal

Which of these agencies is health insurance program for most elderly persons

medicare

Social security payments may be paid to dependent surviving children until they are 18

Social security payments may be made to dependent children until they are 18.

true

A program called the new deal was put into effect in which year

1932

The growth of technology has had little effect on the amount of goods and services produced in other countries

False

Under which of these were dams built where they were needed to provide electric power to urban and rural areas

Tennessee Valley Authority

Which of these terms is defined as an ordered suspension of activity

moratorium

Which of these terms is defined as a decline in economic activity that usually lasts six months or longer

recession

Which of these terms is defined as the rising cost of products

Inflation

How can the national debt be eliminated

By balancing the budget. This can be done by increasing government income (raising taxes) and decreasing government expenditure.

What term refers to the situation that results when a country imports more goods than it exports

trade deficit

Who did not attend the financial summit on June 27 2010 in Toronto Canada

School Teachers

Which of these means spending beyond the amount of money one has available

conspicuous consumption

Which term describes the state of the American economy in the first decade of the twenty-first century

recession

To which time period does the word contemporary refer

present

Under which president did ben bernanke assume the role of chairman of the federal reserve system

Ben Bernanke was appointed Chairman of the Federal Reserve Sytem on February 1, 2006 by George W. Bush.

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