What Is the Cold War

question 49

Multiple Choice

What is the Cold War?

• A) Conflict between Germany and US/European allies until fall of Berlin Wall, 1950-1989.
• B) Race between the U.S. and Russia and its allies after WWII for arms/nuclear superiority, 1947-1991.
• C) Embargo between Cuba and U.S. over Cuban authoritarian regime, 1960-present.
• D) Israel/Palestine conflict, 1948-present.

---

Definitions:

Income

Refers to the money received, especially on a regular basis, for work or through investments.

Normal Goods

Goods for which demand increases as consumer income rises, and falls when consumer income decreases, opposite to inferior goods.

Inferior Goods

Goods whose demand decreases as the income of consumers increases, in contrast to normal goods.

Income

Income generated regularly from employment or investments.