A primary cause of inflation during the Revolutionary War was
A) a lack of commitment to reduce budget deficits.
B) a commitment to the gold standard.
C) the government's reputation for allowing high inflation.
D) all of the above.

Question

Quizplus · Accepted Answer

A primary cause of inflation during the Revolutionary War was indeed a lack of commitment to reduce budget deficits. The government financed the war by printing money, which led to inflation.

A Primary Cause of Inflation During the Revolutionary War Was