During the late 1960's the inflation experienced in the United States as a result of the spending on the Vietnam War is referred to as
A)hyperinflation
B)demand-pull inflation
C)wartime inflation
D)cost-push inflation
E)cyclical inflation

Question

Quizplus · Accepted Answer

The inflation during the late 1960s in the United States was primarily due to increased government spending on the Vietnam War, which led to higher demand for goods and services, thus causing demand-pull inflation.

During the Late 1960's the Inflation Experienced in the United