Statistics on Real GDP During World War II May Give

question 50

Multiple Choice

Statistics on real GDP during World War II may give a misleading indication of whether World War II was a period of prosperity because

• A)inflation may have been considerably higher than estimated.
• B)most of the increased production was for military goods,not consumption goods.
• C)government agents purposely inflated the production numbers to maintain American support for the war.
• D)government agencies were shorthanded and did a particularly poor job of collecting data.

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