Which of the Following Is NOT True of the Military-Industrial

question 43

Multiple Choice

Which of the following is NOT true of the military-industrial complex?

• A)After the war,Truman dismantled the majority of the military in favor of building a nuclear arsenal.
• B)By 1950,more than one in seven U.S.jobs were defense related.
• C)The weapons industry,for the first time,flourished during peacetime.
• D)Over the course of the entire Cold War,trillions of dollars were spent.

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Definitions:

Non-Controlling Interest

The portion of equity interest in a subsidiary not attributable to the parent company.

Unrealized Intercompany Profits

Profits that arise when companies within the same group sell goods or services to each other at a profit, not realized until sold to an external party.

Equity Method

A financial accounting technique where an investment's value in the investor's books is influenced by the investee's profitability and other changes in their equity.

Redemption Premium

Additional amount above the par value paid to bondholders when a bond is redeemed before its maturity date.