The depreciation of the Canadian dollar from December 2008 to December 2009 had a positive effect on

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“The depreciation of the Canadian dollar from December 2008 to December 2009 had a positive effect on aggregate demand in the United States.” Is this statement true, false, or uncertain? Explain your answer.

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The Economics of Money Banking and Financial Markets

ISBN: 978-0321785701

5th Canadian edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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Question Posted: Nov 09, 2018 12:42 PM

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The depreciation of the Canadian dollar from December 2008 to December 2009 had a positive effect on

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The statement is correct A depreciation of the US dollar m...View the full answer

The Economics of Money Banking and Financial Markets

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