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Oil Price Falling in Canada Part 1Q 1:Answer: Because of MV=PY, a decrease in money M causes a decrease in PY. If the Bank of Canada reduces the money supply, the aggregate demand curve shifts down. In the short run: The price level is fixed. So the aggregate supply curve is flat. When the output.
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Actual Money Making CompanyBrent Oil PriceBritain’S Money SupplyCountries Price Level