Other Things Equal, Appreciation of the Dollar

question 132

Multiple Choice

Other things equal, appreciation of the dollar:

• A)increases aggregate demand in Canada and may increase aggregate supply by reducing the prices of imported resources.
• B)increases aggregate demand in Canada and may decrease aggregate supply by reducing the prices of imported resources.
• C)decreases aggregate demand in Canada and may increase aggregate supply by reducing the prices of imported resources.
• D)decreases aggregate demand in Canada and may reduce aggregate supply by increasing the prices of imported resources.

---

Definitions:

Customization

The process of modifying or building a product or service to meet the specific requirements or preferences of an individual user or group.

Equipment Utilization

The percentage of time a piece of equipment is in use compared to the total time it is available, indicating efficiency in the use of resources.

Achieve Missions

This generally refers to successfully completing the set goals or objectives of a project or operation.

Competitive Advantage

An attribute or ability that allows an organization to outperform its rivals in the market.