Author Question: What method did the U.S. use to fund most of the cost of the Revolutionary War? a. Increases in ... (Read 49 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
What method did the U.S. use to fund most of the cost of the Revolutionary War?
 a. Increases in taxes
  b. Increases in the issue of paper money
  c. Increases in bond sales
  d. Increases in tariffs

Question 2

What most accurately describes the U.S. balance of payments?
 a. From 1850-1873 the U.S. had an unfavorable balance of payments, but exports exceeded imports from 1873-1919.
  b. The U.S. had an unfavorable balance of payments from 1850-1919.
  c. Exports exceeded imports from 1850-1919
  d. The U.S. had a favorable balance of payments from 1874 until World War I. During the war U.S. imports exceeded imports.



Sammyo

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

b. Increases in the money supply

Answer to Question 2

a. From 1850-1873 the US had an unfavorable balance of payments, but exports exceeded imports from 1873-1919.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

For a complete list of videos, visit our video library