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Danut Grigore Danut Grigore
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Posts: 10
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3 years ago
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
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wrote...
3 years ago
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
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