The Chronic Shortages of Goods in the Soviet Union Were

question 42

Multiple Choice

The chronic shortages of goods in the Soviet Union were:

• A) caused by the CIA's manipulation of the Soviet currency.
• B) limited to luxury items, like yachts and airplanes.
• C) the result of too much defense spending that hoarded resources away from the production of consumer goods.
• D) beneficial to the party elite who traded scarce goods for favors and other scarce goods.

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Definitions:

Negotiable Instruments

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, which can be transferred to another party.

Electronic Transfers

The movement of funds between bank accounts through digital means, often executed via online banking platforms or electronic payment systems.

Negotiability

The characteristic of a financial instrument that allows it to be transferred from one party to another in a form of exchange.

Holder in Due Course

A term referring to a party who has acquired a negotiable instrument in good faith and for value, and thus has certain protections.