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6. This takes the national debt up to...
- $17 billion
- $21 billion
- $32 billion
- $45 billion
7. American trade was....
- $4 billion 1913, $8 billion 1916
- $3 billion 1913, $7 billion 1916
- $2 billion 1913, $6 billion 1916
- $1 billion 1913, $5 billion 1916
8. The estimated cost of the war for the USA was...
- $22.1 billion
- $31.2 billion
- $41.2 billion
- $12.1 billion
9. In 1919 US oversea's investment was
- $20 billion
- $10 billion
- $7 billion
- $100 billion
10. Increase in growth of federal government, they were spending...
- 1.4% GNP 1916 14.1% 1918
- 2.4% GNP 1916 15.1% 1918
- 1.5% GNP 1916 24.1% 1918
- 2.5% GNP 1916 25.1% 1918
11. Late 1916, how much was Britain spending a day on goods purchased in the US?
- $20 million a day
- $15 million a day
- $10 million a day
- $5 million a day
12. How much were taxes raised to cover war costs?
13. In 1914 the US army was only... recruiting more created more jobs
- 120,000
- 12,000
- 140,000
- 200,000
14. American lent so much money it became a...
- creditor nation
- debter nation
15. Unemployment virtually disappeared at
16. They encouraged businesses to...
- work together
- work individually
- combine businesses
- seperate businesses
17. The national debt increased by... (1916- 1919)
18. Cahnges in income tax, led to rise in revenue from and to
- $909 million 1917 $4.6 billion 1918
- $709 million 1917 $2.6 billion 1918
- $809 million 1917 $3.6 billion 1918
- $609 million 1917 $1.6 billion 1918
19. There was a huge demand for war materials resulting in
- Imports from Europe dropped exports increased
- Imports from Europe increased exports dropped
20. By 1916 the US was lending Britain...
- $4 million a day
- $10 billion a day
- $6 billion a day
- $8 billion a day