All of the Following Led to an Increase in Free

question 11

Multiple Choice

All of the following led to an increase in free time for contemporary adolescents, except:

• A) organized youth movements.
• B) compulsory schooling.
• C) improved economics after World War II.
• D) adolescents gained more autonomy and became consumers with plenty of discretionary income.

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Definitions:

Fed

The Federal Reserve System, the central banking system of the United States, which regulates banks, manages the country's money supply, and aims to ensure economic stability.

U.S. Government Securities

Instruments for raising funds issued by the Treasury Department of the United States to support the federal government's expenditures.

Deposits

Deposits refer to the funds that customers place into their bank accounts, which can include savings, checking, and other types of accounts.

Required Reserve Ratio

The fraction of deposits that regulators require a bank to hold in reserve and not lend out.