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9. Which of the following best describes the likely impact of the collapse of oil prices in Canada? A) The non-tradable sector will expand. B)
9. Which of the following best describes the likely impact of the collapse of oil prices in Canada?
A) The non-tradable sector will expand.
B) The non-energy tradable sector will contract.
C) The inflation will increase in the short run.
D) The energy sector will expand.
E) The production of oil substitutes will expand.
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