According to aggregate demand and supply analysis, America's involvement in the Vietnam War had the effect of
A) increasing aggregate output, lowering unemployment, and raising the inflation.
B) decreasing aggregate output, lowering unemployment, and lowering the inflation.
C) increasing aggregate output, raising unemployment, and raising the inflation.
D) decreasing aggregate output, raising unemployment, and lowering the inflation.
A
Economics
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For most of the years since 1981, the United States has had
A) a current account deficit. B) a large official settlements balance. C) an official settlements account deficit. D) a capital and financial account deficit. E) balanced trade.
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What does the cross-price elasticity of demand measure? How is it calculated?
What will be an ideal response?
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