Printing of paper money by the Confederate government led to
a. an immediate hyperinflation that lasted for the entire period of the War.
b. a short-term hyperinflation that lasted for only the first year of the War.c hyperinflation in the final months of the War.d sporadic episodes of hyperinflation that emerged throughout the War.
c hyperinflation in the final months of the War.
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What will be an ideal response?
In a pure capitalist economy, "what to produce" is determined by
A. government central planning committees. B. the price mechanism. C. the credo: "Each according to his ability, to each according to his needs". D. all of the choices are true.