During Joseph McCarthy's Investigation into Alleged Subversion in Government

question 44

Multiple Choice

During Joseph McCarthy's investigation into alleged subversion in government,

• A) Republicans criticized his broad attacks on the Democratic Party.
• B) Dwight Eisenhower spoke against him, after McCarthy attacked George Marshall in 1952.
• C) he never produced conclusive evidence that any federal employee was a communist.
• D) much of the public criticized his blunt tactics and coarse behavior.
• E) he drew particularly strong support from the "eastern establishment."

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Definitions:

Expected Market Rate

The average rate of return anticipated by market participants, based on forecasts and historical trends.

Expected Rate of Return

The anticipated amount of profit or loss an investment generates, expressed as a percentage of the initial investment amount.

Covariance

A measure of the degree to which returns on two risky assets move in tandem. A positive covariance means that asset returns move together. A negative covariance means they vary inversely.