A Decrease in the Interest Rate by the Bank of Canada

question 167

Multiple Choice

A decrease in the interest rate by the Bank of Canada based on a given monetary policy rule represents a ________ the aggregate demand (ADI) curve,but decrease in the interest rate resulting from a downward shift in the Bank of Canada's monetary policy rule represents a _________ the aggregate demand (ADI) curve.

• A) shift to the left of;movement up
• B) shift to the left of;shift to the right of
• C) movement up;movement down
• D) movement up;shift to the left of
• E) movement down;shift to the right of

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Definitions:

COPD

Chronic Obstructive Pulmonary Disease, a progressive lung disease characterized by increasing breathlessness.

Pleurisy

Also known as pleuritis; this is an inflammation of the parietal pleura of the lungs.

Atelectasis

The collapse of a lung because of fluid, air, pus, or blood.