Increasingly Over the Second Half of the Twentieth Century, People

question 24

Multiple Choice

Increasingly over the second half of the twentieth century, people in every nation came to watch more of the same movies. What would your text call this phenomenon?

• A) a fad
• B) an incipient social movement
• C) primitivism
• D) cultural leveling
• E) technological lag

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Definitions:

Consumer Price Index

A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, as an indicator of inflation.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, considering all interest payments and its current price.

Forward Rate

The agreed-upon interest rate for a financial transaction that will take place in the future, mainly used in the context of currencies and bonds.

1-Year Bond

A bond that matures in one year, often used for short-term investment strategies.