"New Liberalism" advocated all of the following except
A) A balanced budget.
B) Full employment.
C) Strong consumer demand.
D) A growing gross national product.

Question

Quizplus · Accepted Answer

One of the key components of New Liberalism was a shift away from traditional laissez-faire economic policies and towards more government intervention aimed at promoting full employment, consumer demand, and economic growth. However, a balanced budget was not a priority for New Liberals, as they believed that deficit spending could be beneficial in promoting economic growth and ensuring full employment.

"New Liberalism" Advocated All of the Following Except