Why was this form of war finance necessary

Reference no: EM133665281

Question:

During the Civil War, both the Union and the Confederacy were forced to run large budget deficits that were financed by issuing debt. Why was this form of war finance necessary?

Reference no: EM133665281

Questions Cloud

What is the true cost of the project with floatation cost : The tax rate is 30%. Assume the project is of similar risk to the firm's existing operations. What is the true cost of the project with floatation cost?

What balance do they need on the first day of retirement : What balance do they need on the first day of retirement to support this goal, taking their Social Security benefit into account?

What is the outstanding balance on your current loan : Nine years ago you took out a $300,000, 25-year mortgage. What is the outstanding balance on your current loan if you just make the 108th payment?

How many dollars of the futures contract do you need : How many dollars of the future's contract do you need to short to hedge out most of your interest rate risk?

Why was this form of war finance necessary : During the Civil War, both the Union and the Confederacy were forced to run large budget deficits that were financed by issuing debt.

What amount will be included in rhetts federal gross estate : Rhett unexpectedly died this year. What amount will be included in Rhett's federal gross estate related to this life insurance policy?

What will your portfolios approximate return : What will your portfolio's approximate return be this coming next year in the scenario that on the last day of this coming year your portfolio yield falls to 4%

Explain how the equity risk premium influences beta : Explain how equity risk premium influences beta which influences k-wacc. How EBIT influences debt capacity and relevance of Donaldson's classic article today.

What is unique contribution to the study of nazi germany : What is this book's unique contribution to the study of Nazi Germany? What are the most important things you learned from it about Adolf Hitler?

User Account

All Pages