Policies Adopted by the Truman Administration Effectively Avoided Inflation During

question 12

Multiple Choice

Policies adopted by the Truman administration effectively avoided inflation during the Korean War.  These policies included

• A) increased personal and corporate tax rates.
• B) price and wage controls.
• C) reduced purchases of government debt by the Federal Reserve.
• D) discontinuance of the practice of "pegging" interest rates.
• E) All of the above.

---

Definitions:

Private Jury Trials

Legal proceedings where the jury's identity is kept confidential to protect its members or ensure a fair trial.

Private Trials

Legal proceedings conducted in a private setting rather than in a public courtroom, often involving arbitration or mediation.

Two-Tiered System

A system or structure that has two distinct levels of operation, authority, or importance.

Class Action Arbitration

A form of arbitration that allows a group of individuals with similar legal claims to arbitrate their disputes collectively rather than individually.