(Answered)-"An increase in Canadian income decreases aggregate demand in the - (2025 Updated Original AI-Free Solution

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"An increase in Canadian income decreases aggregate demand in the United States." Is this statement corrector incorrect? Briefly explain your answer. Canada?s GDP is expected to grow by 1.8% in 2016 and thus theCanadian central Bank has been practicing quantitative easing. Explain how this will influence the Canadianand US economies.