The Economic Slowdown in Canada in 2014 Can Be Explained

question 55

Multiple Choice

The economic slowdown in Canada in 2014 can be explained in part by a decline in investment and exports. Both of these shocks can be represented in the IS-LM model by shifting the _____ curve to the _____.

• A)LM; right
• B)LM; left
• C)IS; right
• D)IS; left

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Definitions:

Reaction

An interaction among substances that results in the creation of new substances, each with unique chemical formulas and properties.

Organic Product(s)

Chemical compounds consisting primarily of carbon and hydrogen, which are the result of organic reactions.

Organic Product

A compound or material derived from living organisms or containing carbon atoms.

Structure

Describes the arrangement or organization of atoms within molecules.