Assume that the U.S. income level rises at a much higher rate than does the Canadian income

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Assume that the U.S. income level rises at a much higher rate than does the Canadian income level. Other things being equal, how should this affect the
(a) U.S. demand for Canadian dollars,
(b) Supply of Canadian dollars for sale
(c) Equilibrium value of the Canadian dollar?
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Microeconomics

ISBN: 978-0321866349

14th canadian Edition

Authors: Christopher T.S. Ragan, Richard G Lipsey

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