Read the passage & complete the sentence below with the phrase that best fits.....

Question

"After the Revolutionary War, most states had a hard time paying off war debts and struggled to collect overdue taxes. To ease this hardship, some states began printing large amounts of paper money. The result was inflation. This money had little or no real value, because states did not have gold or silver reserves to back it up. Inflation occurs when there are increased prices for goods and services combined with the reduced value of money. Because there was no common currency, Congress had no power to stop states from issuing more paper money and thus stop inflation."

Inflation occurred after the Revolutionary War because states to pay off debts.

Oprinted more paper money

Oraised tax rates

Opassed trade laws

Olaid off workers

Answer 1

Inflation occurred after the Revolutionary War because states printed more paper money.