What happens to real GDP and the price level, if a country enters a war and experiences

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What happens to real GDP and the price level, if a country enters a war and experiences destruction of its human and physical capital stocks? Assume that initially the economy is at its long-run equilibrium.

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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Posted Date: Mar 01, 2024 05:36 AM

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What happens to real GDP and the price level, if a country enters a war and experiences

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Macroeconomics

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