One of the Underlying Causes for the End of the Cold

question 54

Multiple Choice

One of the underlying causes for the end of the Cold War was

• A)the fall of Khrushchev in the Soviet Union and election of Reagan in the United States.
• B)financial difficulties for both the superpowers and the unbearable expenses of the arms race.
• C)peace movements in both countries.
• D)the end of the Afghan War.
• E)the death of Gorbachev.

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Definitions:

Realized Gain

The profit earned from the sale of an asset, calculated as the difference between the asset's sale price and its original purchase price.

Income Statement

A report detailing a corporation's income, costs, and earnings within a given timeframe.

Book Value

The net value of an asset as recorded on the balance sheet, calculated by original cost minus depreciation.

Gain Or Loss

The financial result that occurs when the selling price of an asset differs from its original purchase price, where a higher selling price results in a gain and a lower selling price results in a loss.