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In order to analyze the factors that determine the quantity of real GDP demanded, in the aggregate expenditure model we assume that
Canadian Dollar
The currency of Canada, symbolized as CAD, and used across the country.
U.S. Dollar
The official currency of the United States of America, which serves as a primary reserve currency worldwide.
Direct Exchange Rate
The price of one currency in terms of another currency, without requiring conversion to a third currency.
Canadian Dollar
The currency of Canada, represented by the ISO code "CAD" and symbolized by "$".
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