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The LM curve will be vertical and fiscal policy ineffective when
Japanese Automakers
Automotive manufacturers based in Japan, known for their innovation, efficiency, and reliability in the global car market.
Spot Trade
A transaction that involves the immediate exchange of one commodity or currency for another at the current market price.
Export Development Canada
A Canadian government agency that provides insurance and financial services, among others, to help Canadian exporters and investors expand their international business.
EDC
Often refers to Economic Development Corporations, which are organizations focused on promoting economic growth within a specific geographic area.
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Q108: By _ its deficit, the government makes