The Issue That Led to Jimmy Carter's Defeat in 1980

question 61

Multiple Choice

The issue that led to Jimmy Carter's defeat in 1980 was

• A)the collapse of oil prices.
• B)his pardoning of Richard Nixon.
• C)the Soviet invasion of Afghanistan.
• D)his affair with a White House intern.
• E)his inability to gain the release of American hostages held in Iran.

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Definitions:

Controlling Financial Interest

A situation where an entity has the power to govern the financial and operating policies of another entity so as to benefit from its activities.

Consolidated Retained Earnings

The accumulated net income of a corporation and its subsidiaries after dividends have been paid out to shareholders, presented in the consolidated financial statements.

Acquisition

The act of obtaining control of another company by purchasing its shares or assets.

Common Stock

Shares of ownership in a corporation that entitle the shareholder to vote on corporate matters and receive dividends.