Prior to the Great Depression, Deficits Built During Wars Were

Multiple Choice

Prior to the Great Depression, deficits built during wars were _____

A) continuing, because military spending increased after a war, but tax revenue did not.
B) continuing, because military spending dropped after a war, but tax revenue did not.
C) self-correcting, because military spending dropped after a war, but tax revenue did not.
D) self-correcting, because military spending increased after a war, but tax revenue did not.
E) nonexistent, either during war or peacetime.