All of the Following About the Rule of the Shah

question 39

Multiple Choice

All of the following about the rule of the Shah of Iran before 1979 are correct except it

• A)had raised per capita income significantly.
• B)had strong American support, and many of its policies were hated by many Iranians.
• C)caused a cultural clash within the country that helped to cause his downfall.
• D)attempted to establish a purely Islamic society.
• E)enabled the Ayatollah Khomeini to overthrow him and create an Islamic theocracy.

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Definitions:

Potential Output

refers to the maximum amount of goods and services an economy can produce when it is operating at full capacity, without causing inflation.

Velocity of Money

The rate at which money circulates in an economy, typically measured as the ratio of nominal GDP to the money supply.

Final Goods and Services

Products that have completed the production process and are available for purchase by the end consumer.

Money Supply

The entirety of financial assets present in an economy at a given moment, encompassing cash, coins, and funds in checking and savings accounts.