Which Event Convinced Television Networks That There Was a Large

question 48

Multiple Choice

Which event convinced television networks that there was a large audience for televised news and led to the adoption of thirty-minute news programs?

• A) Stock Market Crash of 1929
• B) attack on Pearl Harbor
• C) outbreak of the Korean War
• D) Nixon-Kennedy presidential debate
• E) outbreak of the Vietnam War

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Definitions:

MPS

Marginal Propensity to Save, which is the proportion of an increase in income that is saved rather than spent on consumption.

Saving

The process of setting aside a portion of current income for future use, typically in the form of investments or deposit accounts.

Disposable Income

Economic latitude for households in spending and saving after the removal of income taxes.

APS

Automatic positioning system; however, in an economic context, it often refers to the Average Propensity to Save, indicating the proportion of income that is saved rather than spent.