The October, 1962, Tense Standoff with the Soviets That Nearly

question 68

Multiple Choice

The October, 1962, tense standoff with the Soviets that nearly ignited a nuclear war was caused by _____________.

• A) the United States airlifting supplies to West Berlin
• B) U. S. military involvement in the Korean War
• C) U. S. involvement in the Vietnam War
• D) JFK's demands for removal of Soviet missiles from Cuba
• E) the domino theory applied to Southeast Asia

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Definitions:

Cost of Goods SOLD

Expenses directly associated with the creation of goods a company sells, including costs for materials and labor.

Operating Expenses

Recurring expenses related to the central operations of a business, such as rent, utilities, and payroll, excluding costs of goods sold.

Earnings Per Share

A measure of a company's profitability, calculated as the net income divided by the number of outstanding shares of common stock.

Common Stockholders

Individuals or entities that own shares of common stock in a corporation, giving them rights to dividends and voting in shareholder meetings.