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For the Economy of Canada,a Major Oil User and Exporter,a

Question 57

Multiple Choice

For the economy of Canada,a major oil user and exporter,a decrease in the world price of oil would be considered


A) a negative demand and a negative supply shock.
B) both a negative demand shock and a positive supply shock.
C) both a positive demand shock and a negative supply shock.
D) a negative demand shock only.
E) a negative supply shock only.

Correct Answer:

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