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The "Yes - Markets Self-Adjust" Camp Argues That a Positive

Question 14

Multiple Choice

The "Yes - Markets Self-Adjust" camp argues that a positive supply shock results in


A) falling Canadian average prices, increasing Canadian spending on imports.
B) falling wages, increasing the quantity of labour supplied.
C) falling wages, decreasing the quantity of labour demanded.
D) rising Canadian average prices, decreasing net exports.
E) falling Canadian average prices, increasing R.O.W. spending on Canadian exports.

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