Question

By how much did total U.S. exports to Europe rise or fall between 1914 and 19177​

Answer 1

These increase in taxes and the increase in nominal income raised revenues from $930 million in 1916 to $4,388 million in 1918. Federal expenditures, however, increased from $1,333 million in 1916 to $15,585 million in 1918. A huge gap had opened up that would have to be closed by borrowing.

Step-by-step explanation: