In 1972, the United States and Soviet Union

question 26

Multiple Choice

In 1972, the United States and Soviet Union

• A) reached an agreement in the Helsinki Accords.
• B) brought the world to the brink of nuclear war in Cuba.
• C) struggled to be victorious in Vietnam
• D) faced off in Afghanistan.
• E) signed the Anti-Ballistic Missile Treaty.

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Definitions:

Original Issue Discount

The difference between the par value (or face value) of a bond and the lower price at which it is originally sold, which effectively represents interest paid to the bondholder.

Interest Income

Income earned from the lending of funds or depositing money in interest-bearing accounts.

OID

Original Issue Discount; it refers to the difference between the original issue price of a bond and its maturity value, treated as interest for tax purposes.

Series I Savings Bonds

A type of U.S. savings bond designed to protect the value of your cash from inflation.