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According to Aggregate Demand and Supply Analysis, the U

Question 49

Multiple Choice

According to aggregate demand and supply analysis, the U.S. involvement in the Vietnam War had the effect of ________.


A) increasing aggregate output, lowering unemployment, and raising the price level
B) decreasing aggregate output, lowering unemployment, and lowering the price level
C) increasing aggregate output, raising unemployment, and raising the price level
D) decreasing aggregate output, raising unemployment, and lowering the price level

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