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An Upward Shift of the Bank of Canada's Monetary Policy

Question 1

Multiple Choice

An upward shift of the Bank of Canada's monetary policy rule function corresponds to a _________ the aggregate demand (ADI) curve,and an increase in autonomous aggregate demand corresponds to a _________ the aggregate demand (ADI) curve.


A) shift to the left of;movement up
B) shift to the left of;shift to the right of
C) movement up;movement down
D) movement up;shift to the right of
E) shift to the right of;shift to the left of

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