What Led Congress to Pass the Gulf of Tonkin Resolution

question 3

Multiple Choice

What led Congress to pass the Gulf of Tonkin Resolution in 1964?

• A) Reliable information that North Vietnamese gunboats had fired on two U.S.destroyers in the Gulf of Tonkin
• B) Unconfirmed information that North Vietnamese gunboats had fired on two U.S.destroyers in the Gulf of Tonkin
• C) The destruction of two U.S.ships by the Chinese in the Gulf of Tonkin
• D) A fabricated story about an attack on U.S.naval vessels by the North Vietnamese in the Gulf of Tonkin

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Definitions:

Normal Curve

The normal curve, or normal distribution, is a bell-shaped curve that shows the probability distribution of a continuous random variable, where most occurrences take place near the mean.

Marginal Investor

An investor whose actions might influence the market price of a security and who is typically sensitive to changes in risk levels or return.

Required Rate

The minimum return an investor expects to achieve by investing in a particular asset, also known as the required rate of return.

Expected Rate

The return that an investor anticipates or estimates will be achieved over a certain period on an investment.