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 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.

Question

Quizplus · Accepted Answer

The Vietnam War increased government spending, which increased aggregate demand. This led to increased output and employment, and also to higher prices.

According to Aggregate Demand and Supply Analysis,America's Involvement in the Vietnam