Economics P10 Flashcards
0
Q
What was the US net income per capita in terms of average household income?
A
31%
1
Q
What was the total cost of WWI?
A
$337,850,000,000
2
Q
Using 2011 as a base year, what was the net cost per capita for the US?
A
$3420 per Head
3
Q
The Central Powers lost what percent of their total population in combat?
A
2.6%
4
Q
The Allied lost what percent of their total population in combat?
A
0.7%
5
Q
What country bore the largest cost during WWI?
A
France
6
Q
When expressed as a share of prewar assets, which Allied power bore the greatest loss?
A
Russia
7
Q
How much did the government borrow during WWI?
A
$19 Billion
8
Q
Most lenders to the US purchased what?
A
Liberty Bonds
9
Q
What was the interest rate on Liberty Bonds?
A
3.5 to 4.5%
10
Q
How many Liberty Bonds were issued?
A
4 Bonds
