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Trends on aggregate demand

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Reference no: EM132197936

Identify the impact of each of the following trends on aggregate demand.

a) The federal government cuts taxes for low-income households.

b) There is a slump in share prices on Canadian stock markets.

c) Canadian interest rates fall.

d) The Canadian dollar rises in value against the US dollar.

e) Canadian businesses become less confident about the future.

Reference no: EM132197936

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