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Financial crisis and loss of consumer confidence

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Reference no: EM132422472

Problem:

As a result of the financial crisis and loss of consumer confidence in the USA (2008), Canadian exports declined dramatically.

  1. Show this shock to the Canadian economy in a AS-AD framework
  2. What suggestions would you have for Canadian policy makers to respond to this shock?(list three suggestions and who is responsible for the policy)
  3. Which one of your suggestions do you prefer? Why?
  4. Show your favourite suggestion and impact on the economy in the graph from

Reference no: EM132422472

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