How Does Canadian Aggregate Demand Change If the Dollar Appreciates

question 3

Multiple Choice

How does Canadian aggregate demand change if the dollar appreciates or other countries experience recessions?

• A) Aggregate demand shifts right.
• B) Aggregate demand shifts left.
• C) If the dollar appreciates, aggregate demand shifts right; if other countries experience recessions, aggregate demand shifts left.
• D) If the dollar appreciates, aggregate demand shifts left; if other countries experience recessions, aggregate demand shifts right.

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Definitions:

Syllogism

A form of deductive reasoning that consists of three propositions: a major premise, a minor premise, and a conclusion.

Minor Term

In a categorical syllogism, the term that occurs in the subject of the conclusion.

Syllogism

A form of reasoning in which a conclusion is drawn from two given or assumed propositions (premises); a common logical structure.

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