Suppose the Canadian economy is in long-run equilibrium. Then suppose the value of the Canadian dollar increases. At the same time, people in Canada revise their expectations so that the expected price level falls. What would we expect will happen in the short run? Select one: O a. Real GDP will fall, and the price level might rise, fall, or stay the same. b. The price level will fall, and real GDP might rise, fallI, or stay the same. C. Real GDP will rise, and the price level might rise, fall, or stay the same. O d. The price level will rise, and real GDP might rise, fall, or stay the same.

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Suppose fishermen, for some national-security reasons, are suddenly prevented from venturing to the West Philippine Sea, which is an important source of the country's food supply. This leads to a sudden decrease in the available fish stocks for consumption. What are the short-run consequences of this adverse shock? (Assume that the price level P does not affect consumption.) O a. P falls and Y increases. O b. P rises and Y decreases. O c. P remains the same and Y increases. O d. P remains the same and Y decreases.

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If the U.S. price level rise relative to the Swiss price level, there would occur a (an): a) Increase in the demand for francs-increase in the supply of francs-appreciation of the dollar O b) Decrease in the supply of franes-increase in the demand for francs-depreciation of the dollar O c) Increase in the supply of francs-decrease in the demand for francs-appreciation of dollar d) Decrease in the demand for francs--decrease in the supply of francs-depreciation of the dollar

Please help me with this macroeconomics question! 6

If Americans want to go to Rio to see the Olympics, which of the following would be NOT be true O The price of the Brazilian Real rises O The Dollar appreciates as compared to the Brazilian Real O Supply of dollars increases in the world market O The demand of Brazilian Reals would increase

Question 16

Under what circumstances does aggregate demand increase? Aggregate demand increases if expected future income, inflation, or profits .And aggregate demand increases if fiscal policy government expenditure. O A. decrease; decreases O B. increase; decreases O C. increase; increases O D. decrease; increases Aggregate demand increases if fiscal policy taxes or transfer payments. O A. decreases; increases O B. decreases; decreases O C. increases; decreases O D. increases; increases Aggregate demand increases if monetary policy the quantity of money and interest rates. O A. increases; increases O B. increases; decreases O C. decreases; increases O D. decreases; decreases or foreign income Aggregate demand increases if the exchange rate O A. increases; decreases Click to select your answer. MacBook Air DD DII F11 F10 :こ- F9 F8 888 F7 吕0 F6 F5 F4 F3 F2 esc F1 & $ # 7 ! 2 3 4 1 P Y W E R Q K D F G A S 00 T

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