Question

How did the Spanish flu effect the us as a whole?

Answer 1

In the United States, the flu's toll was much lower: a 1.5 percent decline in GDP and a 2.1 percent drop in consumption. The decline in economic activity combined with elevated inflation resulted in large declines in the real returns on stocks and short-term government

Answer 2

In the United States, the flu's toll was much lower: a 1.5 percent decline in GDP and a 2.1 percent drop in consumption. The decline in economic activity combined with elevated inflation resulted in large declines in the real returns on stocks and short-term government bonds.

Step-by-step explanation: