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Answer to Question #124630 in Macroeconomics for Ruby

Question #124630
The end of the Cold War in 1990 led to large decline in defence spending in many countries
This event caused a shift in ______ in Canada causing ____in equilibrium real gdp and ___in the price level
1
Expert's answer
2020-07-01T17:25:36-0400

The end of the Cold War in 1990 led to large decline in defence spending in many countries

This event caused a shift in spending in Canada causing aggregate demand (AD)in equilibrium real gdp and increase in the price level 




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