Examlex
When the Bank of Canada makes an open market ________,the target short-term nominal interest rate will increase,which will ________ GDP.
Price
The amount of money or the value that is considered to be the equivalent of a good or service.
Elasticity of Demand
A measure of how sensitive the quantity demanded of a good is to a change in its price, indicating how consumers' purchasing decisions are affected by price changes.
Natural Gas
A fossil fuel used primarily for heating, electricity generation, and as a fuel for vehicles, consisting mainly of methane and found underground.
Price Increase
A rise in the cost of goods or services over a specific period of time, which can affect purchasing power and economic stability.
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