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Please explain the impact of these events on AD, AS and equilibrium The following events have occurred at times in the history of Canada: The

Please explain the impact of these events on AD, AS and equilibrium

The following events have occurred at times in the history of Canada:

  • The world economy goes into an expansion.
  • Canadian businesses expect future profits to rise.
  • The government increases its expenditure on goods and services in a time of increased international tension.

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