How Did Truman Gain Congressional Approval for Aid to Greece

question 76

Multiple Choice

How did Truman gain congressional approval for aid to Greece and Turkey?

• A) He convinced the members of Congress that the aid was necessary to preserve freedom.
• B) He threatened to pull the United States out of the United Nations.
• C) He promised to support a Republican tax cut.
• D) He promised that the money would be used for nonmilitary purposes.

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Definitions:

American Options

A type of options contract that allows the holder to exercise it at any time before the expiration date.

Call Option

A financial contract giving the buyer the right, but not the obligation, to purchase a stock, bond, or other instrument at a specified price within a specific time period.

Put Option

A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a specified time frame.

Fixed Price

A predetermined price at which goods and services are sold, not subject to change based on fluctuations in market demand or supply.