Multiple Choice
The "Yes - Markets Self-Adjust" camp argues that a positive demand shock results in
A) falling Canadian average prices, increasing net exports.
B) falling wages, reducing excess demand for labour.
C) rising wages, reducing excess supply of labour.
D) rising interest rates, decreasing business investment spending, and decreasing aggregate demand.
E) falling interest rates, increasing business investment spending, and increasing aggregate demand.
Correct Answer:

Verified
Correct Answer:
Verified
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Q162: A negative demand shock combined with a
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Q164: The "No - Markets Fail Often" camp
Q165: The "No - Markets Fail Often" camp
Q166: Short-run aggregate supply decreases if<br>A) the price