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Question 116

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Use the following to answer questions: Use the following to answer questions: -A positive demand shock will result from: A) a sudden increase in nominal wages. B) an increase in the potential GDP. C) a move by the Bank of Canada to lower the interest rate. D) consumers and firms becoming more pessimistic.
-A positive demand shock will result from:


A) a sudden increase in nominal wages.
B) an increase in the potential GDP.
C) a move by the Bank of Canada to lower the interest rate.
D) consumers and firms becoming more pessimistic.

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