Answer: I hope this helped you! Have a good day! :)
Step-by-step explanation:
To do that, the Government raised taxes. The Government also raised money by selling "Liberty Bonds." Americans bought the bonds to help the Government pay for the war. Later, they were paid back the value of their bonds plus interest. By the end of the war, the Government's debt was more than $25 billion. Of the total cost of the war, about 22 percent was financed by taxes and from 20 to 25 percent by printing money, which meant that from 53 to 58 percent was financed through the bond issues. Direct money creation is the increase in the stock of high-powered money net of the increase in monetary gold.