In the past 10 years, Asia-based investors have made large investments in Canadian real estate markets. Many commentators believe that this investment has the aim of moving wealth from risky home markets into the safer Canadian market. What will the effect of this capital flow on Canadian aggregate demand?
In the past 10 years, Asia-based investors have made large investments in Canadian real estate markets. Many commentators believe that this investment has the aim of moving wealth from risky home markets into the safer Canadian market. What will the effect of this capital flow on Canadian aggregate demand?
Chapter20: Aggregate Demand And Supply
Section: Chapter Questions
Problem 7SQ
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In the past 10 years, Asia-based investors have made large investments in Canadian real estate markets. Many commentators believe that this investment has the aim of moving wealth from risky home markets into the safer Canadian market.
What will the effect of this capital flow on Canadian aggregate demand?
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