Two examples of governments that printed large quantities of paper currency to finance massive budget deficits, causing hyperinflation, are ________ and ________.
A)the Confederacy during the American Civil War; Japan after World War II
B)the Confederacy during the American Civil War; Germany after World War I
C)the United States during the Great Depression; Japan after World War II
D)the United States during the Great Depression; Germany after World War I

Question

Quizplus · Accepted Answer

These are two historical cases of economies that printed large quantities of paper currency, which resulted in high rates of inflation.

Two Examples of Governments That Printed Large Quantities of Paper