Which of the Following Is a Reason Why Great Britain

question 122

Multiple Choice

Which of the following is a reason why Great Britain and the United States could finance their deficits by borrowing private money since the early 1970s?

• A)Rapid development of global capital markets
• B)Shortage of International Monetary Fund grants available for disbursal
• C)High interest rate charged by the International Monetary Fund
• D)Establishment of currency boards in these countries
• E)Decline of the Bretton Woods system

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Definitions:

Earliest-Known Sculptures

The oldest discovered artworks in the medium of sculpture, dating back to prehistoric times and serving various cultural and religious purposes.

BCE

Before Common Era, a non-religious alternative to BC (Before Christ), used in the Gregorian calendar to denote years before the birth of Jesus.

Neolithic Construction

Refers to structures built during the Neolithic era, around 12,000 years ago, including monumental stone buildings and megalithic sites.

Northern Europe

A geographical and cultural region in Europe, typically including countries such as the United Kingdom, Scandinavia, and the Baltic states.