Title: The large amounts of government spending on the Vietnam War and the Great Society led to inflation - Brainly.com
Headings: The large amounts of government spending on the Vietnam War and the Great Society led to inflation for American citizens. Inflation is a situation where money loses some of its purchasing power. The United States government uses an economic measurement known as the Consumer Price Index to measure changes in prices for common consumer products.
Answer the following questions.
1. What year saw the greatest increase in the adjusted CPI?
2. What might account for the greater increases in adjusted CPI in the late 1960s compared to the mid-1960s?
3. Why might inflation be bad for American consumers?

The large amounts of government spending on the Vietnam War and the Great Society led to inflation for American citizens. Inflation is a situation where money loses some of its purchasing power. The United States government uses an economic measurement known as the Consumer Price Index to measure changes in prices for common consumer products. Answer the following questions.
1. What year saw the greatest increase in the adjusted CPI?
2. What might account for the greater increases in adjusted CPI in the late 1960s compared to the mid-1960s?
3. Why might inflation be bad for American consumers?
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Content: The large amounts of government spending on the Vietnam War and the Great Society led to inflation - Brainly.com
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The large amounts of government spending on the Vietnam War and the Great Society led to inflation for American citizens. Inflation is a situation where money loses some of its purchasing power. The United States government uses an economic measurement known as the Consumer Price Index to measure changes in prices for common consumer products. Answer the following questions. 1. What year saw the greatest increase in the adjusted CPI? 2. What might account for the greater increases in adjusted CPI in the late 1960s compared to the mid-1960s? 3. Why might inflation be bad for American consumers?