If a war breaks out and the government spends additional money on defense this will cause which of the following in the short run? O A) aggregate demand to increase B) aggregate demand to decrease C) short-run aggregate supply to increase in the short run D) short-run aggregate supply to decrease in the short run
If a war breaks out and the government spends additional money on defense this will cause which of the following in the short run? O A) aggregate demand to increase B) aggregate demand to decrease C) short-run aggregate supply to increase in the short run D) short-run aggregate supply to decrease in the short run
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter23: Aggregate Demand And Aggregate Supply
Section: Chapter Questions
Problem 2CQQ
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