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Author Question: The Vietnam War contributed to the high inflation of the 1960s because it __________. a. diverted ... (Read 53 times)

brutforce

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on: Jul 13, 2018
The Vietnam War contributed to the high inflation of the 1960s because it __________.
 
  a. diverted money from the private sector
  b. increased spending without an increase in productivity
  c. led to higher taxes that pushed down the real value of wages
  d. pushed up interest rates as private borrowers competed with the government

Question 2

The current economic situation in China can be described by which of the following?
 
  a. fascism
  b. libertarianism
  c. modern conservatism
  d. state capitalism


meganlapinski

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Reply #1 on: Jul 13, 2018
Answer to Question 1

b

Answer to Question 2

d


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