do not assume

The War in Iraq-Effects on Aggregate Demand

30 April, 2007 · Leave a Comment

From my Economics textbook, Understanding Modern Economics (2005), by Roger LeRoy Miller,

Nonetheless, some argue that the war in Iraq in 2003, once it was certain we were going to win, caused the aggregate demand curve to shift outward to the right.

Boldface mine.  Just some food for thought.

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