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If the Canadian Dollar Increases in Value Relative to Other

Question 95

Multiple Choice

If the Canadian dollar increases in value relative to other currencies, how does this affect the aggregate demand curve?


A) This will move the economy up along a stationary aggregate demand curve.
B) This will move the economy down along a stationary aggregate demand curve.
C) This will shift the aggregate demand curve to the left.
D) This will shift the aggregate demand curve to the right.
E) This will shift the aggregate supply curve to the left as the result of foreign direct investment.

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