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Business, 03.03.2020 16:26 nina1390

During World War II, both Germany and England had plans for a paper weapon: they each printed the other's currency, with the intention of dropping large quantities by airplane, so as to increase the other's money supply. Select all of the following reasons that might have made this an effective weapon. Support for the opposing country would rise. Relative prices would become more variable. It would create additional seigniorage revenue for the country. Menu and shoeleather costs would rise. The banking system would fail. Hyperinflation could undermine the public's confidence in the economy.\

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