After a Negative Demand Shock, the "Yes - Markets Self-Adjust

question 284

Multiple Choice

After a negative demand shock, the "Yes - Markets Self-Adjust" camp argues that all of the following will happen except,

• A) export spending increases due to a lower Canadian price level.
• B) interest rates fall, increasing business investment spending.
• C) wages rise due to excess demand for labour.
• D) import spending decreases due to a lower Canadian price level.
• E) wages fall due to excess supply of labour.

---

Definitions:

Lying and Cheating

Behaviors that involve deliberately deceiving others or breaking rules to gain an unfair advantage.

Social Events

Gatherings or activities designed for the purpose of socializing, which can range from small interactions to large public events.

Applied Behavior Analysis

A therapy based on the principles of behaviorism used to improve specific behaviors while reducing unwanted ones through reinforcement strategies.

Autism

A developmental disorder characterized by challenges with social skills, repetitive behaviors, speech, and nonverbal communication.