By Early 1968,Secretary of Defense Robert S

question 21

Multiple Choice

By early 1968,Secretary of Defense Robert S.McNamara had come to what conclusion about the Vietnam War?

• A) Ground war had been the wrong approach,and the United States should drop a nuclear bomb on North Vietnam.
• B) Intensified bombings would never convince the North Vietnamese to give up.
• C) Prisoners of war and civilians should be treated more harshly in order to demoralize the enemy.
• D) President Johnson had been waging the Vietnam War in a cynical effort to garner the votes of conservatives.

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Definitions:

Inflation Rate

The rate at which prices for all goods and services climb, resulting in a decrease in the ability to purchase.

Holding-Period Return

The return on an investment over the period it is held.

Dividend

A portion of a company's earnings that is paid to shareholders, usually on a quarterly basis.

Nominal Rate of Interest

The rate of interest before adjustments for inflation, reflecting the face-value rate of interest paid on a loan or received from an investment.