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Unformatted text preview: p the inventories
Increase workers‟ wages so that they can afford to buy more
Decrease production and meet demand from inventories
Keep production steady and sell off the inventories
Hire more workers to scrap the excess inventory
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ID 51 18 4365 :
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Te Te 65 : ID er ad lo Do 51 Downloader ID:
dd Test ID load Down 43 65 Test ID: 1851 st 5 Te 436 y.
r ID: st Dow a. An unemployment rate below the full-employment unemployment rate
and a rising money supply
b. An unemployment rate below the full-employment unemployment rate and a
falling money supply
c. An unemployment rate above the full-employment unemployment rate and a
rising money supply
d. An unemployment rate above the full-employment unemployment rate and
a falling money supply
e. None of the above; Inflation is determined by other causes. om 51 Dow er ID: 4365
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Test ID: 1851 22. When the United States suffers a recession, the Canadian economy:
Tes t ID: 185 Test a.
e. 1 ID:
1851 Is unaffected as long as the exchange rate does not change
Does better because we take their place in world markets
Does better because more money comes to Canada
Does worse because we buy more goods from the U.S.
Does worse because we sell fewer goods to the U.S.
ID Do wn lo : 43 65 er
ad Downloader ID: 4365 23. A decline in the value of the Canadian dollar (depreciation):
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dd ID : 43 65 st ID
: 18 om 51 a. Makes imports more expensive to Canadians and exports more expensive to
b. Makes imports more expensive to Canadians and exports less
expensive to foreigners
c. Makes imports less expensive to Canadians and exports less expensive to
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This note was uploaded on 01/09/2013 for the course RSM 100 taught by Professor Oesch during the Spring '08 term at University of Toronto- Toronto.
- Spring '08