The 1968 Tet Offensive Resulted in

question 87

Multiple Choice

The 1968 Tet offensive resulted in

• A) the Viet Cong's takeover of most of South Vietnam's major cities.
• B) a request from American generals to send an additional 200,000 American troops to Vietnam.
• C) a tactical defeat for the Viet Cong.
• D) a political defeat for the United States.
• E) a negotiated settlement of the war.

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Definitions:

Foreign Exchange Rate

The price at which one currency can be exchanged for another in the international currency markets.

Velocity

In economics, the rate at which money circulates in the economy, typically measured as the ratio of gross national product to the total supply of money.

Money Supply

The sum total of available financial assets in an economy at a particular time slot.

Price Level

A general measure of the cost of goods and services within an economy or specific market at a given time.