Economics P14 Flashcards
0
Q
By what percent did the French money supply expand during WWI?
A
20%
1
Q
What tax was indirectly imposed on the French?
A
Inflation Tax
2
Q
How did the French government try to handle the inflation?
A
Price Controls
3
Q
Germany paid for war expenditures primarily through what means?
A
Deficit Spending
4
Q
Germany paid for what percent of wartime spending through debt?
A
81%
5
Q
By what percent did the money supply increase in Germany during WWI?
A
500%
6
Q
What happened to the price level during the war in Germany?
A
Doubled (200%)
