The Fact That Knowledge of the Indus Valley Civilization Was

question 55

Multiple Choice

The fact that knowledge of the Indus valley civilization was entirely lost for millennia indicates that this culture ________.

• A) had not reached the level of civilization
• B) did not give rise to later cultures
• C) was confined to a small area
• D) had no writing system

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Definitions:

Money Supply

The entire sum of cash, coins, and account balances in checking and savings that constitute the monetary assets in an economy at a specific time.

Real GDP

The total value of all goods and services produced by a country over a specific time period, adjusted for inflation, reflecting the actual productivity of an economy.

Velocity of Money

The rate at which money is exchanged in an economy, often used to measure the activity level of economic transactions.

Inflation Rate

The inflation rate is the percentage increase in the general level of prices for goods and services in a country over a period of time.