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Economics

Question is: What is the likely effect of an exogenous decrease in the price of oil on the Canadian economy? Explain how the Bank of Canada would respond to such shock

Read the following article:
Why the price of oil is falling. The Economist (12/8/14).

http://www.economist.com/blogs/economist-explains/2014/12/economist-explains-4

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Microeconomics, Economics

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