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If,for Any Given Inflation Rate,the Bank of Canada Raises Interest

Question 42

Multiple Choice

If,for any given inflation rate,the Bank of Canada raises interest rates less than normal,this is called a monetary _________ and the aggregate demand (ADI) curve shifts to the __________.


A) "tightening";right
B) "tightening";left
C) gap;right
D) "easing";right
E) "easing";left

Correct Answer:

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