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Using the AS-AD model, show how the following events will impact real GDP and price level in Canada. Mention how net exports will be impacted,
Using the AS-AD model, show how the following events will impact real GDP and price level in Canada. Mention how net exports will be impacted, with some reason
3)Due to Toronto Raptors winning the NBA, there is a rise in popularity of Canadian goods in foreign countries
4)The Indian government increases trade restrictions on Canadian goods
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