Which of the Following Could Explain the Change in Aggregate

question 65

Multiple Choice

Which of the following could explain the change in aggregate demand from AD1 to AD2?

• A)The relative price level of Canadian goods rose faster than that of American goods.
• B)The inflation rate in Canada decreased while that in the US increased.
• C)Interest rates in Canada decreased while those in the US increased.
• D)The US economy went into a recession.

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