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?