Question
If the government decided to go to war on Russia, how would that impact the aggregate model? a. It would shift the LRAS to
If the government decided to go to war on Russia, how would that impact the aggregate model? a. It would shift the LRAS to the right. b. This would increase the price level which would shift the aggregate demand curve downwards. Oc. It might shift the aggregate demand curve upward or to the right, and maybe shift the LRAS to the left. C. d. This would not impact the aggregate model at all.
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
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