Answer: The statement about New Federalism that is not true is the last one: "<u>President Reagan was able to promote new federalism consistently throughout his administration".</u>
Explanation: New Federalism was a plan launched by Robert Nixon during his presidency, which extended from 1969 until 1974, and continued by President Reagan. However, <u>Reagan's proposals</u> within this plan <u>were not as successful as Nixon's</u>. Moreover, <u>some of Reagan's proposals were not even implemented since they went against another programs or against the interests of particular groups</u>. In that way, it cannot be said that President Reagan was able to promote new federalism in a consistent way; therefore, the last statement provided is false.
<u>Answer:</u>
If the government deficit is not financed by increased bond holdings by the public, the monetary base and money supply will increase.
Option: (B)
<u>Explanation:</u>
- The monetary base is the total amount of coins and notes present in the head bank of a country and the money supply is the total amount of its own currency present in it’s reserve.
- Whenever a bond (loan) is given to the public, it decreases the currency reserve.
- To maintain a stable economy, the monetary base and money supply must be balanced as these are dependent on the supply of goods and services.
- Also, this requires timely payment of 'bond holdings' by the public.
(The answer would be B.) Because developing countries are D.E.V.E.L.O.P.I.N.G. , they're not already developed with the availability to food , education , technology , housing , healthcare , clean water , etc.
