With regard to the cost of the Civil War (1861–1865), Hughes and Cai

With regard to the cost of the Civil War (1861–1865), Hughes and Cain (2011) argue all of the following except

(a) It mobilized idle men and other resources on a vast scale.
(b) The cost of the lives lost can be measured using the concept of “human capital.”
(c) The war’s cost could have purchased all the slaves from their owners at 1860 prices, given each slave family 40 acres and a mule, and still had $3.5 billion left over for “reparations”—back wages to the freed slaves.
(d) The real burden was widely felt by those individuals who owned Confederate financial assets, those whose crops and farm animals were sequestered, those whose homes and farm buildings were destroyed, and the dead.

ANSWER

(a)