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Assume that over the next year the rate of inflation in Canada is expected to increase from 1.5% per year to 8% per year. Everything
Assume that over the next year the rate of inflation in Canada is expected to increase from 1.5% per year to 8% per year. Everything else remaining the same, what will be the impact on the Canadian economy if that would occur? Question 45 options: The aggregate demand curve will shift rightward. The aggregate demand curve will shift leftward. Create a movement up along the aggregate demand curve. Create a movement down along the aggregate demand curve
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