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Title: In response to a recessionary gap, the Bank of Canada will ________ the overnight rate to ________. Post by: Danut Grigore on Mar 1, 2021 In response to a recessionary gap, the Bank of Canada will ________ the overnight rate to ________.
Question 3 options: A) lower; shift the aggregate demand curve rightward B) lower; shift the long-run aggregate supply curve (LAS) rightward C)raise; shift the aggregate demand curve leftward D)lower; shift the aggregate demand curve leftward E)raise; shift the aggregate demand curve rightward Title: Re: In response to a recessionary gap, the Bank of Canada will ________ the overnight rate to ... Post by: cococambo on Mar 1, 2021 In this situation, the Bank of Canada will reduce interest rates and shift the Aggregate Demand (AD) curve to the right.
Quote A) lower; shift the aggregate demand curve rightward |