What Did the "G.I. Bill" of 1944 Do

question 4

Multiple Choice

What did the "G.I. Bill" of 1944 do?

• A) It effectively turned US higher education into mass education
• B) Funded the education costs of veterans
• C) Provided vocational education for veterans
• D) Instructed universities to recruit more veterans
• E) Set up special colleges for veterans

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Definitions:

Capital Account

The capital account records the exchanges of financial assets and liabilities between a country and the rest of the world, including direct investment and loans.

Current Account

A component of a country's balance of payments that includes transactions in goods, services, primary income, and secondary income flows between domestic and foreign entities.

Demand

The quantity of a good or service that consumers are willing and able to purchase at different prices.

British Pounds

The currency of the United Kingdom, symbolized as GBP, and commonly referred to as the pound sterling.