Economics (MindTap Course List)
Economics (MindTap Course List)
13th Edition
ISBN: 9781337617383
Author: Roger A. Arnold
Publisher: Cengage Learning
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If the economy is experiencing inflationary pressures, the Bank of Canada is likely to implement ______ which shifts the aggregate demand curve ______.
a) Expansionary monetary policy by raising interest rates; right
b) Expansionary monetary policy by lowering interest rates; right
c) Contractionary monetary policy by lowering interest rates; left
d) Contractionary monetary policy by raising interest rates; left

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