The Presence of Wage and Price Controls in the United

question 104

Multiple Choice

The presence of wage and price controls in the United States during WWII:

• A)had little impact on inflation because of the Depression.
• B)helped to reduce the inflationary pressures created by expansionary fiscal policy.
• C)helped to reduce the inflationary pressures created by contractionary fiscal policy.
• D)was not successful in reducing inflation during this period.

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Definitions:

U.S. Marines

A branch of the United States Armed Forces responsible for providing power projection and amphibious warfare capabilities.

Dictator

A ruler with absolute power over a country, typically one who has obtained control by force rather than by democratic means.

Nicaragua

A country in Central America known for its significant biodiversity, historical political turmoil, and as a site of intervention by foreign powers.

Meyer v. Nebraska

A 1923 Supreme Court case that ruled a Nebraska law restricting foreign-language education violated the Fourteenth Amendment, emphasizing individual rights.