The galloping inflation of the Revolutionary War period
A) persisted throughout the 19th century because of over-issue of paper money by the states.
B) has been exaggerated; prices were, in fact, quite moderate during the War.
C) was particularly steep because the central government had no taxation powers to back it even partially.
D) was accelerated by the repudiation of most wartime-issued paper money following the War.
Correct Answer:
Verified
Q2: Which of the following most accurately and
Q3: The Constitution
A) empowers each state to negotiate
Q4: Which of the following responsibilities did the
Q5: Most of the cost of the Revolutionary
Q6: What generated the most revenue for the
Q7: The Constitution
A) empowers each state to negotiate
Q8: What was not one of the Constitutional
Q9: Under the Articles of Confederation,
A) only the
Q10: Having sided with the British during the
Q11: The economic system envisioned by the Constitution
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