The Most Accurate Description of Nikita Khrushchev Would Be

question 15

Multiple Choice

The most accurate description of Nikita Khrushchev would be

• A) a Stalinist to the core − until he made the "secret" speech.
• B) an ardent communist who had a knack for pulling disparate groups together.
• C) a close personal friend of both Stalin and Castro.
• D) a strong believer in Russia's secret police state.
• E) an opportunistic peasant whose volatility in foreign affairs infuriated the Communist party.

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Definitions:

Crossover Rate

The rate at which two projects have the same net present value, used in capital budgeting to compare the attractiveness of different projects.

Mutually Exclusive

Mutually exclusive projects or events are those that cannot occur simultaneously; choosing one option means the other cannot be selected.

NPV

Net Present Value, a method used in capital budgeting to assess the profitability of an investment or project.

Payback

Payback is the period of time required for the return on an investment to "pay back" the sum of the original investment, often used as a measure of investment risk.