Which of the following did Congress do to help finance the war?
A) It ordered the removal of price ceilings, instead allowing prices to fluctuate.
B) It required that the government stop borrowing money during the war years.
C) It lowered taxes so people would spend more and thus generate more revenue.
D) It raised tax rates through the Revenue Act of 1942.
E) It decreased the number of Americans who were required to pay an income tax.
Correct Answer:
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