Use the following to answer questions: 
-(Figure: AD-AS) Refer to Figure: AD-AS.If our economy is at equilibrium with low-level inflation and the Bank of Canada uses expansionary monetary policy,the initial effect is that _____ will shift to _____ and the economy will move from _____.
Definitions:
Shared Meanings
A concept in communication and semiotics referring to the common understanding or interpretation of signs and symbols among members of a society or group.
Values
Fundamental beliefs or principles that guide an individual's or organization's behavior and decision-making process.
Reference Group
A social group that serves as a point of comparison for individuals in their purchase or consumption decisions.
Cultural Determinant
Factors influenced by the culture that affect the behaviors and practices of individuals or groups.
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