Automotive firms in Canada switch to a new technology that raises productivity. This event OA. increases the quantity of real GDP demanded OB. increases aggregate demand OC. decreases the quantity of real GDP demanded OD. decreases aggregate demand Autoworkers agree to a lower money wage rate. This event OA. increases the quantity of real GDP demanded OB. decreases aggregate demand OC. increases aggregate demand OD. decreases the quantity of real GDP demanded A The Canadian price level rises. This event, OA. increases the quantity of real GDP demanded B. decreases the quantity of real GDP demanded OC. increases aggregate demand OD. decreases aggregate demand

Automotive firms in Canada switch to a new technology that raises productivity. This event OA. increases the quantity of real GDP demanded OB. increases aggregate demand OC. decreases the quantity of real GDP demanded OD. decreases aggregate demand Autoworkers agree to a lower money wage rate. This event OA. increases the quantity of real GDP demanded OB. decreases aggregate demand OC. increases aggregate demand OD. decreases the quantity of real GDP demanded A The Canadian price level rises. This event, OA. increases the quantity of real GDP demanded B. decreases the quantity of real GDP demanded OC. increases aggregate demand OD. decreases aggregate demand

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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