Usually, Increased Government Spending for War Increases Inflationary Pressures

Multiple Choice

Usually, increased government spending for war increases inflationary pressures.The principal reason that inflation occurred during the Vietnam War and not during World War II was the existence, during World War II, of

A) full employment.
B) government ownership of factories.
C) full production.
D) wage and price controls.
E) high levels of patriotism.