Consider the Canadian Economy Initially at Potential Output

question 101

Multiple Choice

Consider the Canadian economy initially at potential output.An economic expansion in the U.S._________ the demand for exports from Canada,resulting in an increase in Canada's planned aggregate expenditure and a(n) __________ output gap in Canada.

• A) reduces;expansionary
• B) increases;expansionary
• C) reduces;recessionary
• D) increases;recessionary
• E) reduces;autonomous

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Definitions:

Brain Activity

The functioning and processes occurring within the brain, including neural activity, electrical impulses, and chemical signaling, as measured by various neuroimaging techniques.

Interest-Excitement

A psychological state characterized by a positive emotional response and increased attention towards a particular object, event, or activity.

Love

A complicated collection of sentiments, behaviors, and thoughts related to powerful emotions of love, protective instincts, warmth, and reverence for someone.

Energize And Direct

To provide with energy and guide or focus towards a specific goal or action.