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9
During the Civil War:
1) US prices (< or >) international prices
2) Exports from the US were (inc/dec) and imports (inc/dec).
3) Gold flowed out of the US to pay for the .
4) Payment of species ( ) suspended. Greenbacks become the fiat currency.
1) US prices (< or >) international prices
2) Exports from the US were (inc/dec) and imports (inc/dec).
3) Gold flowed out of the US to pay for the .
4) Payment of species ( ) suspended. Greenbacks become the fiat currency.
1) >
2) dec, inc
3) trade deficit
4) gold
2) dec, inc
3) trade deficit
4) gold
Flashcard info:
Author: savhighsmith
Main topic: Economics
Topic: History of Economics
School / Univ.: UGA
City: Athens
Published: 15.11.2010