If the Canadian Dollar Appreciates, How Will Aggregate Demand in Canada

question 140

Multiple Choice

If the Canadian dollar appreciates, how will aggregate demand in Canada be affected?

• A)Aggregate demand will increase as exports increase and imports decrease.
• B)Aggregate demand will increase as imports increase and exports decrease.
• C)Aggregate demand will decrease as imports increase and exports decrease.
• D)Aggregate demand will decrease as exports increase and imports decrease.
• E)Aggregate demand will become more sensitive to price level.

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Maximum Deduction

The highest amount that can be subtracted from taxable income, as allowed by tax laws.

Cost Recovery Deduction

A tax deduction that allows a taxpayer to recover the cost of an investment over time through depreciation, amortization, or depletion.

50% Bonus

A premium payment of half the worth of an item, salary, or stipulated amount as an additional reward.

Cost Recovery Deduction

A deduction that allows a taxpayer to recover the cost of an investment over time, such as through depreciation or amortization.