Economics P11 Flashcards

0
Q

The Second Liberty Bond was a total bond issued at ________ at the rate of ________.

A

$3 Billion

4%

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1
Q

The First Liberty Bond was a total bond issued at ________ at the rate of ________.

A

$5 Billion

3.5%

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2
Q

The Third Liberty Bond was a total bond issued at ________ at the rate of ________.

A

$3 Billion

4.5%

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3
Q

The Fourth Liberty Bond was a total bond issued at ________ at the rate of ________.

A

$6 Billion

4.25%

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4
Q

How much tax revenue did the US generate during WWI?

A

$7.6 Billion

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5
Q

Taxes collected from income covered what percent of US war spending?

A

24.5%

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6
Q

How much money did the Federal Reserve print during WWI?

A

$4.4 Billion

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