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16 Sep 2014, 02:02
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60% (01:48) correct
40%
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based on 118
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During the Great Depression, Roosevelt’s New Deal expanded the authority of the federal government by creating several new federal government agencies designed to provide and administer relief to the country, which had been devastated by the 1929 stock market crash. However in subsequent decades, almost all of these agencies were discontinued by the policymakers. A large number of economists at the time supported the idea of discontinuing these agencies because they felt that these agencies became useless, as the market recovered to the point that these agencies were no longer required to provide economic stability.
The economists’ support to discontinue the federal government agencies rests on which of the following assumptions?
A. Interference by the federal government agencies can never create economic stability.
B. Providing economic stability was the only useful function of the federal government agencies.
C. The federal government agencies exercised control beyond what was stated in their charters.
D. Policymakers who discontinued New Deal programs were not the same policymakers who originally implemented them.
E. The federal government agencies were not as effective as they were initially thought to be.
The economists’ support to discontinue the federal government agencies rests on which of the following assumptions?
A. Interference by the federal government agencies can never create economic stability.
B. Providing economic stability was the only useful function of the federal government agencies.
C. The federal government agencies exercised control beyond what was stated in their charters.
D. Policymakers who discontinued New Deal programs were not the same policymakers who originally implemented them.
E. The federal government agencies were not as effective as they were initially thought to be.
16 Sep 2014, 02:02
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Bookmarks
Official Solution:
During the Great Depression, Roosevelt’s New Deal expanded the authority of the federal government by creating several new federal government agencies designed to provide and administer relief to the country, which had been devastated by the 1929 stock market crash. However in subsequent decades, almost all of these agencies were discontinued by the policymakers. A large number of economists at the time supported the idea of discontinuing these agencies because they felt that these agencies became useless, as the market recovered to the point that these agencies were no longer required to provide economic stability.
The economists’ support to discontinue the federal government agencies rests on which of the following assumptions?
A. Interference by the federal government agencies can never create economic stability.
B. Providing economic stability was the only useful function of the federal government agencies.
C. The federal government agencies exercised control beyond what was stated in their charters.
D. Policymakers who discontinued New Deal programs were not the same policymakers who originally implemented them.
E. The federal government agencies were not as effective as they were initially thought to be.
The argument of the economists is as follows:
Premise: “...these agencies became useless, (as the market recovered to the point that these agencies were no longer required to provide economic stability.)”
Conclusion: Discontinue the agencies
The correct assumption must act as a bridge between the assumption and the conclusion.
A. This is not an assumption of the economists - the economists did not raise the question whether these agencies can create economic stability.
B. CORRECT. The reason that the economists supported the discontinuation of the agencies is that they considered them useless as they are no longer required for providing economic stability. Thus the underlying assumption must be that the economists considered that these agencies do not have any other useful function.
C. This option was not the reason or assumption that the economists supported the discontinuation of the agencies.
D. Whether the policymakers are the same or not is also not a concern of the economists and has no role in forming the bridge between the premise and the conclusion.
E. The level of effectiveness of the agencies have no bearing on the premise-to-conclusion jump.
Answer: B
During the Great Depression, Roosevelt’s New Deal expanded the authority of the federal government by creating several new federal government agencies designed to provide and administer relief to the country, which had been devastated by the 1929 stock market crash. However in subsequent decades, almost all of these agencies were discontinued by the policymakers. A large number of economists at the time supported the idea of discontinuing these agencies because they felt that these agencies became useless, as the market recovered to the point that these agencies were no longer required to provide economic stability.
The economists’ support to discontinue the federal government agencies rests on which of the following assumptions?
A. Interference by the federal government agencies can never create economic stability.
B. Providing economic stability was the only useful function of the federal government agencies.
C. The federal government agencies exercised control beyond what was stated in their charters.
D. Policymakers who discontinued New Deal programs were not the same policymakers who originally implemented them.
E. The federal government agencies were not as effective as they were initially thought to be.
The argument of the economists is as follows:
Premise: “...these agencies became useless, (as the market recovered to the point that these agencies were no longer required to provide economic stability.)”
Conclusion: Discontinue the agencies
The correct assumption must act as a bridge between the assumption and the conclusion.
A. This is not an assumption of the economists - the economists did not raise the question whether these agencies can create economic stability.
B. CORRECT. The reason that the economists supported the discontinuation of the agencies is that they considered them useless as they are no longer required for providing economic stability. Thus the underlying assumption must be that the economists considered that these agencies do not have any other useful function.
C. This option was not the reason or assumption that the economists supported the discontinuation of the agencies.
D. Whether the policymakers are the same or not is also not a concern of the economists and has no role in forming the bridge between the premise and the conclusion.
E. The level of effectiveness of the agencies have no bearing on the premise-to-conclusion jump.
Answer: B
