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The Economic Slowdown in Canada in 2014 Can Be Explained

Question 55

Multiple Choice

The economic slowdown in Canada in 2014 can be explained in part by a decline in investment and exports. Both of these shocks can be represented in the IS-LM model by shifting the _____ curve to the _____.


A) LM; right
B) LM; left
C) IS; right
D) IS; left

Correct Answer:

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