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Question 19

Multiple Choice

  -Refer to the graph above to answer this question.Suppose that the demand for the American dollar shifts from D1 to D2.What might be the reason for this shift? A) The Canadian dollar has depreciated. B) The prices of Canadian goods and services have increased relative to American prices. C) The prices of American goods and services have increased relative to Canadian prices. D) The Canadian economy has entered a boom period. E) Interest rates in the USA have decreased relative to Canadian rates.
-Refer to the graph above to answer this question.Suppose that the demand for the American dollar shifts from D1 to D2.What might be the reason for this shift?


A) The Canadian dollar has depreciated.
B) The prices of Canadian goods and services have increased relative to American prices.
C) The prices of American goods and services have increased relative to Canadian prices.
D) The Canadian economy has entered a boom period.
E) Interest rates in the USA have decreased relative to Canadian rates.

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