Hoover's response to the Great Depression was the Smoot-Hawley tariff which rose tariffs on over 20,000 products. This measure led to retaliation from foreign countries especially from Europe and they rose their own tariffs on their American imports, the American economy was hit back and it explains why Hoover's policy failed.
Hoover was nicknamed "Do nothing" by the Democrats, they blamed him for sticking to Laissez faire economics, but this accusation was wrong as he pushed for more state intervention which eventually failed.
The correct answer for this question is "D. income and estate." The unified rate schedule applies to federal income and estate<span> taxes.
</span>Here are the choices:
A. inheritance and gift
B. gift and income
C. gift and estate
D. income and estate
The correct answer for this question is "C. insurance testamentary." A trust designed to provide liquidity for an estate without increasing the size of the estate is an <span>insurance testamentary.</span>
Here are the choices:
A. revocable living
B. irrevocable life
C. insurance testamentary
D. charitable lead
You’re missing too much and no one will be able to answer this
