What is the economic impact of war on the economy?
A) increased military spending creates jobs in the short run, but reduces economic growth in the long run.
B) increased military spending creates jobs in the short run and in the long run.
C) increased military spending reduces economic growth in the short run, but increases economic growth in the long run.
D) increased military spending reduced economic growth in the short run and in the long run.
Correct Answer:
Verified
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