An Increase in the Real Interest Rate in Canada Will

question 8

Multiple Choice

An increase in the real interest rate in Canada will cause the dollar to ________ relative to other currencies and ________ net exports and real GDP.

• A) appreciate; increase
• B) appreciate; reduce
• C) depreciate; increase
• D) depreciate; reduce

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Definitions:

Behaviour

Refers to the actions or reactions of an object or organism, usually in relation to the environment or surrounding.

Positive Norms

Expected behaviors within a group that contribute to a positive and constructive environment.

Team Cohesiveness

The extent to which team members are attracted to the team and motivated to remain in it, characterized by strong bonds, commitment to common goals, and mutual support.

Leaders

Individuals who influence, guide, or direct others within an organization or group towards achieving a collective goal.