Understand shock to aggregate demand

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Reference no: EM131388135

1. Why the distinction is important to understand the shock to aggregate demand?

2. Belgian students working in the UK at companies like Starbucks are unhappy with the Brexit vote and transfer their bank balances to Brussels. As a result, there is an increase in the pressure for the Euro to: (Multiple Choice)

a. Depreciate

b. Appreciate

c. Does not change

Reference no: EM131388135

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