Throughout Europe, During the Decade Between 1948 and 1957

question 66

Multiple Choice

Throughout Europe, during the decade between 1948 and 1957,

• A) enrollment in universities experienced a steady decline.
• B) prostitution became rampant.
• C) the number of cars tripled.
• D) there was a return to the traditional occupation of farming.
• E) economic growth stagnated.

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Definitions:

Government Bonds

Securities issued by a government to finance its expenditures, repaid over a period.

Open Market

A marketplace with few restrictions on entry or trade, allowing goods and services to be bought and sold freely.

Bonds

Fixed-income investments representing a loan made by an investor to a borrower, often used by companies or governments to finance projects or operations.

Reserve Ratio

The fraction of deposits that a bank holds as reserves, either in its own vaults or at the central bank, affecting the bank's capacity to issue new loans.