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Shift the aggregate demand (AD) curve, short-run aggregate supply (SRAS) curve, and/or long-run aggregate supply (LRAS) curve to show how the Bank of Canada's action
Shift the aggregate demand (AD) curve, short-run aggregate supply (SRAS) curve, and/or long-run aggregate supply (LRAS) curve to show how the Bank of Canada's action affects equilibrium in the macroeconomy. LRAS SRAS Aggregate price level K AD Real GDP The aggregate price level will stay the same. O increase. O decrease.Consider the foreign exchange market between Brazil and the Canada. How would a change in the aggregate price level impact the foreign exchange market below? The currency of Brazil is the Brazilian real. Supply of Canadian dollars ($) Exchange rate (real per $) Demand for Canadian dollars ($) Quantity of Canadian dollars ($) The Canadian dollar will O not change in relation to the real. O depreciate relative to the real. O appreciate relative to the real
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