The United States financed the additional government spending during World War II through
A) an increase in the deficit.
B) an increase in taxes.
C) an increase in imports.
D) increases in both the deficit and taxes.
E) increases in both the deficit and imports.
Question 2
Using taxes to finance a war, rather than deficits,
A) leads to a greater future capital stock.
B) is generally not proposed by economists.
C) shares less of the burden of the war with future generations.
D) all of the above
E) none of the above