Which of the Following Occurred During the Cuban Missile Crisis

question 76

Multiple Choice

Which of the following occurred during the Cuban missile crisis?

• A) President Kennedy worked quietly through diplomatic channels to resolve the problem.
• B) Khrushchev used television to alert the world to the crisis.
• C) The United States and the Soviet Union came closer to nuclear war than at any other time.
• D) Khrushchev ordered a quarantine of American shipments headed for Cuba.

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Definitions:

T-bills

Short-term government securities with maturity periods typically less than a year, used as a financial instrument to manage short-term liquidity.

Simple Interest

Interest calculated only on the principal amount, not on accumulated interest.

Discount Rate

The discount rate applied in the evaluation of discounted cash flow to ascertain the current worth of anticipated future cash flows.

Promissory Note

A fiscal agreement in which one side promises in writing to pay a fixed amount of cash to the other side, either immediately when demanded or on a future agreed date.