The inflation that occurred during the Civil War (1861–1865) can be described as all of the following except
(a) A means of expropriating resources to fight the war
(b) A form of taxation to provide resources to fight the war
(c) A representation of a decrease in the purchasing power of money
(d) A less expensive way of paying for the war than taxation
(d)
Economics
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According to this Application, more years of work would be required to pay off a student loan if all prices
A) increased by 20 percent. B) remained stable. C) increased by 40 percent. D) decreased by 10 percent.
Economics
Which of the following was not a prominent New Deal reform?
a. Monetary power was decentralized. b. The gold standard was eliminated. c. Implementation of deposit insurance d. Separation of commercial from investment banking
Economics