When GDP in R.O.W. Increases, Canadian Aggregate Demand Increases

question 206

True/False

When GDP in R.O.W. increases, Canadian aggregate demand increases.

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Definitions:

Laws

Formal rules and regulations, established by legislative bodies or by custom, which govern behavior and are enforceable by penalties.

Rules

Established guidelines or principles governing conduct or procedure within a particular area or activity.

Constitutional Democracy

A Constitutional Democracy is a form of government in which the powers of the majority are limited by a constitution that protects the rights and freedoms of individuals and minority groups.

Population

The total number of people or inhabitants in a specific area or region.