Multiple Choice
Bonds sales to finance World War II (1941-45)
A) helped finance the government's current budget deficits.
B) helped finance, manage and eventually pay down the private debts accumulated during ?World War I (1914-18) .
C) were loans the U.S. government made to individuals in its private sector.
D) led to higher interest rates and decreased private spending and investment.
Correct Answer:
Verified
Correct Answer:
Verified
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