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Which of the following would cause an increase in the price levelLOADING... (i.e., a short-run inflation)? A. that B. An increase in the exchange rate
Which of the following would cause an increase in the price levelLOADING... (i.e., a short-run inflation)? A. that B. An increase in the exchange rate of the Canadian dollar in relation to foreign currencies that decreases short-run aggregate supply C. An increase in government purchases that decreases short-run aggregate supply D. A reduction in personal income taxes that reduces aggregate demand
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