Macroeconomics: Canada in the Global Environment

aggregate demand aggregate demand curve aggregate expenditure aggregate supply curve amount average balance Bank of Canada billion calculate Canadian capital cars CHAPTER cloth constant consume consumption corn countries decrease deficit demand curve deposits determined dollars economic effects equals equilibrium example exchange expected Explain exports factors falls Figure firms fiscal fluctuations force foreign frontier function future GDP deflator given graph growth higher holding households imports income increase inflation rate influences interest interest rate investment labour less long-run look lower measured ment monetary money supply multiplier opportunity cost output payments percent period price level production quantity questions real GDP real wage recession relationship remaining result rises saving sell shifts short-run aggregate supply shown shows slope tapes theory things tion trade unemployment variables wage rate week