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    Exam 6: Modelling Real Gdp and the Price Level in the Long Run
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    When the Relative Prices of Canadian-Made Goods Go Up,the Result
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When the Relative Prices of Canadian-Made Goods Go Up,the Result

Question 8

Question 8

Multiple Choice

When the relative prices of Canadian-made goods go up,the result is


A) an increase in exports.
B) a decrease in exports.
C) a decrease in imports.
D) no net change in imports or exports.

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