Question: Explain, using the aggregate demand and aggregate supply (AD/AS) framework and with the aid of a graph, how a trade war with the US will

Explain, using the aggregate demand and aggregate supply (AD/AS) framework and with the aid of a graph, how a trade war with the US will impact on China's GDP. Using the AD/AS graph, now explain how the middle class can come to the rescue of China's economy. Using economic terms, what are the reasons why the middle class may not increase spending as hoped by the Chinese government?

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