When American GDP grows more quickly,
A) Canadian firms will export more, leading to faster Canadian GDP growth.
B) Canadians will import some of the newly made American goods, causing Canadian GDP to shrink.
C) government spending in Canada will likely increase.
D) Canadian firms will invest less, causing domestic investment to fall and Canadian GDP to rise.
E) Canadian prices will rise more quickly causing household disposable income to fall in Canada.
Correct Answer:
Verified
Q267: Table 4.31 Q268: The values of real GDP and real Q269: Gross domestic product is generally _ net Q270: Which of the following would increase disposable Q271: Net national income is defined as Q272: Disposable household income is defined as Q273: The values of real GDP and real![]()
A)gross national
A)personal income,
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