All of the following, except one, could have caused the increase in aggregate demand from AD1 to AD2. Which is the exception? Multiple Choice   An increase in U.S. income received by Canadians.   A lower Canadian dollar exchange rate.   An increase in the number of American tourists in Canada.   More American direct investment in Canada.   Less American portfolio investment in Canada.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 13RQ: Would you usually expect GDP as measured by what is demanded to be greater than GDP measured by what...
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All of the following, except one, could have caused the increase in aggregate demand from AD1 to AD2. Which is the exception?

Multiple Choice
  •  
    An increase in U.S. income received by Canadians.
  •  
    A lower Canadian dollar exchange rate.
  •  
    An increase in the number of American tourists in Canada.
  •  
    More American direct investment in Canada.
  •  
    Less American portfolio investment in Canada.
Required information
This graph is for the Canadian economy.
AS
P,
AD2
AD1
Y,
Y2
Real GDP
Price Level
Transcribed Image Text:Required information This graph is for the Canadian economy. AS P, AD2 AD1 Y, Y2 Real GDP Price Level
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