If the AE curve lies below the 45 degree line there is a inflation at full employment. ... If the AE curve lies above the 45 degree line there is a recession at full employment. 7. If the AE curve lies below the 45 degree line spending is more than income at full employment.
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Democratic Party supports the west
The correct answer is:
Allied: the United Kingdom; Central Powers: Germany.
The Allies had a lot more potential wealth to be spent on WW1. It has been estimated that the Allies spent $147 billion on the war while the Central Powers invested only $61 billion. Britain and its Empire on the Allies side spent $47 billion while Germany spent $45 billion.
