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    Microeconomics Study Set 2
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    Exam 9: Aggregate Demand and Aggregate Supply Analysis
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    In September of 2007, the Bank of Canada Dramatically Reduced
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In September of 2007, the Bank of Canada Dramatically Reduced

Question 111

Question 111

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In September of 2007, the Bank of Canada dramatically reduced interest rates.Explain how lower interest rates affect the aggregate demand curve.

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Reducing the interest rate lowers the co...

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