Effect of an exogenous decrease in the price

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What is the likely effect of an exogenous decrease in the price of oil on the Canadian economy? Explain how the Bank of Canada would respond to such shock.

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https://www.economist.com/blogs/economist-explains/2014/12/economist-explains-4

150-250 words

Reference no: EM131040058

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Effect of an exogenous decrease in the price : What is the likely effect of an exogenous decrease in the price of oil on the Canadian economy? Explain how the Bank of Canada would respond to such shock.
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