What Was the Gist of UN Resolution 242

question 4

Multiple Choice

What was the gist of UN Resolution 242?

• A) Israel should immediately withdraw from all territories seized in the Six Day War.
• B) Democracy should be established in Palestine.
• C) Israel should withdraw from territories seized in the Six Day War in return for peace.
• D) Israel and Palestine should accept the 1947 UN partition plan.

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Definitions:

Investment-Accelerator Effects

The phenomenon where an increase in national income or output leads to a disproportionately larger increase in investment expenditure.

Money Supply

The entire financial resource sum in an economy at a particular time.

Owning Stocks

Owning stocks means having equity or ownership in a corporation, granting the shareholder a claim on the company's assets and earnings, often accompanied by voting rights on corporate matters.

Liquidity Preference Theory

A theory which suggests that people prefer to hold their wealth in liquid form for immediate use rather than in longer-term investments, affecting interest rates and economic activity.