During the Brezhnev Era, It Appeared That the Soviet Union

question 29

Multiple Choice

During the Brezhnev era, it appeared that the Soviet Union was ____ the U.S.

• A) catching up to
• B) remaining even with
• C) surpassing
• D) lagging further behind
• E) wildly surpassing

---

Definitions:

Discount Rate

The interest rate charged by central banks for short-term loans to commercial banks, influencing monetary policy and the supply of money in the economy.

Double Coincidence of Wants

A condition in barter economies where two parties each possess an item the other wants, allowing them to trade directly.

Panicky Withdrawal

A sudden, widespread rush by investors or depositors to withdraw funds from a bank, financial institution, or investment, usually due to fears of insolvency.

Federal Reserve Notes

Paper currency issued by the United States Federal Reserve System, serving as the most common form of U.S. paper money.