The "Yes - Markets Self-Adjust" Camp Argues That a Positive

question 161

Multiple Choice

The "Yes - Markets Self-Adjust" camp argues that a positive demand shock results in

• A) falling Canadian average prices, increasing net exports.
• B) falling wages, reducing excess demand for labour.
• C) rising wages, reducing excess supply of labour.
• D) rising interest rates, decreasing business investment spending, and decreasing aggregate demand.
• E) falling interest rates, increasing business investment spending, and increasing aggregate demand.

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Definitions:

Circumstantial Evidence

Evidence that relies on an inference to connect it to a conclusion of fact, unlike direct evidence that directly proves a fact.

Relevant Evidence

Information and facts presented in a legal proceeding that are directly related to the matter being decided and can influence the outcome.

Social Security Number

A unique identification number assigned to U.S. citizens and some residents to track earnings and benefits for social security purposes.

Tape-recording

The act of recording sound, especially conversations, onto magnetic tape as a means of keeping a record.