is war good or bad for the economy? 2. what are the opportunity costs of using resources
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Question:
is war good or bad for the economy?
2. what are the opportunity costs of using resources in wars?
3. how would a war affect aggregate supply?
4. graph the shift in aggregate supply. what happens to output and the price level?
5. how would a war affect aggregate demand?
6. graph the shift in aggregate demand. what happens to output and the price level?
7. is peace good or bad for the economy?
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