Multiple Choice
If the Bank of Canada conducts open-market purchases, how do the money supply and the aggregate demand change?
A) The money supply increases, and aggregate demand shifts right.
B) The money supply increases, and aggregate demand shifts left.
C) The money supply decreases, and aggregate demand shifts right.
D) The money supply decreases, and aggregate demand shifts left.
Correct Answer:
Verified
Correct Answer:
Verified
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