Which of the Following Statements About American Involvement in World

question 30

Multiple Choice

Which of the following statements about American involvement in World War I is MOST accurate?

• A)The United States never ratified the Treaty of Versailles that Wilson had helped to negotiate to end World War I.
• B)Recognizing the need for an international peacekeeping organization, the United States became a charter member of the League of Nations at the end of World War I.
• C)Despite the heavy demands of fighting the war, the United States refused to implement a draft, choosing instead to rely on an all-volunteer army.
• D)American involvement in World War I was part of a long tradition of American intervention in European wars.
• E)American involvement in World War I ushered in a new era in which American citizens had little stake in and took little interest in foreign affairs.

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Definitions:

Discount

A reduction in the price of a good or service, or in finance, the process of determining the present value of a payment or stream of payments that is to be received in the future.

Yield To Maturity

An investor's annualized return on a bond if held to its maturity date, considering all coupon payments and the principal repayment.

Zero Coupon Bond

A debt security that doesn't pay periodic interest but is traded at a deep discount, providing profit at maturity when the bond is redeemed for its full face value.

Current Yield

The annual income (interest or dividends) divided by the current price of the security.