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Draw Canadas aggregate demand curve and short-run aggregate supply curve. Label them ADo and SRASo. Draw a point to show the macroeconomic equilibrium. Label it

Draw Canadas aggregate demand curve and short-run aggregate supply curve. Label them ADo and SRASo.

Draw a point to show the macroeconomic equilibrium. Label it Po.

Now draw a curve to show the effect of an increase in child benefits. Label the curve AD1 or SRAS1.

Draw a point to show the new macroeconomic equilibrium. Label it P1.

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