Multiple Choice
Other things equal, appreciation of the dollar:
A) increases aggregate demand in Canada and may increase aggregate supply by reducing the prices of imported resources.
B) increases aggregate demand in Canada and may decrease aggregate supply by reducing the prices of imported resources.
C) decreases aggregate demand in Canada and may increase aggregate supply by reducing the prices of imported resources.
D) decreases aggregate demand in Canada and may reduce aggregate supply by increasing the prices of imported resources.
Correct Answer:

Verified
Correct Answer:
Verified
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