During the 1980s, Television Changed as

question 75

Multiple Choice

During the 1980s, television changed as

• A)the percentage of viewers watching network programming hit its peak.
• B)hundreds of new independent stations first went on the air.
• C)most independent stations were bought by various giant media corporations.
• D)networks poured more money into their news divisions.
• E)reality programming began to dominate the ratings.

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Definitions:

Monetary Policy

The process by which the central bank, or monetary authority of a country, controls the supply of money, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

Full Employment

A situation in an economy where all available labor resources are being used in the most efficient way, typically with only natural unemployment remaining.

Marginal Propensity

Measures the portion of additional income that an individual or entity spends on consuming goods rather than saving.

Multiplier

The ratio of the change in an endogenous variable to the change in an exogenous variable it is dependent on, often used in the context of fiscal policy’s effect on the economy.