Question 1
In 1924, the Dawes Plan
a. called for the creation of a new German constitution to govern the unpopular German republic.
b. signaled the collapse of German industry until the 1930s.
c. reduced Germany's reparations according to Germany's economic capacity.
d. legitimized France's seizure of the Ruhr.
e. expressed the demands of Britain and the United States for full payment of reparations.
Question 2
In the 1970s, a new, complex economic problem called ____ emerged, combining high inflation with high unemployment.
a. deregulation
b. recession
c. stagflation
d. hyper-stimulation
e. nonflation