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If the central bank of Canada institutes a contractionary monetary policy, describe what will happen to the following variables relative to what would happen without
If the central bank of Canada institutes a contractionary monetary policy, describe what will happen to the following variables relative to what would happen without the policy:
1. The money supply
2. Interest rates
3. Investment
4. Consumption
5. Net Exports
6. The aggregate demand curve
7. Real GDP
8. The price level
9. The value of the Canadian dollar
10. The long run aggregate supply curve
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