Multiple Choice
When deriving the aggregate demand (AD) curve from the aggregate expenditure model, an increase in Canadian product prices would cause:
A) an increase in the value of household wealth and reduced consumption expenditures.
B) an increase in interest rates and lower investment expenditures.
C) an increase in exports and imports.
D) an increase in Canadian resource prices and an increase in aggregate supply.
Correct Answer:

Verified
Correct Answer:
Verified
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