in terms of dollars what was the total cost of ww1
Economic history of World War I The Allies had much more potential wealth they could spend on the war. One estimate (using 1913 US dollars) is that the Allies spent $147 billion on the war and the Central Powers only $61 billion. Among the Allies, Britain and its Empire spent $47 billion and the U.S. $27 billion (America joined after the war started) while among the Central Powers, Germany spent $45 billion.[2]
American entry into World War I On December 7, 1917, the U.S. declared war on Austria-Hungary.[5][6]
Sales taxes in the United States There is no value added tax in the United States. There have been proposals to replace some Federal taxes with a value added tax.
Consumer price index A consumer price index (CPI) measures changes in the price level of market basket of consumer goods and services purchased by households.