History, 06.11.2020 19:50 Lesquirrel
Why did Confederate currency experience inflation?
A. Many people doubted the value of paper money and raised the price of goods.
B. Many people could not afford the tax on produce, which caused food prices to rise.
C. The Confederate government refused to pay hard cash for the paper currency.
D. The Confederate government had no right to issue currency without gold to back it.
Answers: 3
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Why did Confederate currency experience inflation?
A. Many people doubted the value of paper money...
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