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Question 1: How have the fiscal tightening efforts (increase in Prime Rates) led by the Bank of Canada affected the Canadian economy? Elucidate its consequences for both households and businesses (big and small)
Question 2: Draw out a comparison of the Canadian economy post-pandemic with Australia, USA & the UK. The parameters for comparison can be GDP, unemployment rate, Inflation rate, GNP etc. You may choose to include other parameters as well. Use of bar graphs, line graphs and other graphic tools to depict your findings will fetch you bonus points.
Question 3: In 2024-25 how do you predict the economic situation in Canada? Support your answers with relevant statistics and figures
Julie wins a $15 million lottery payable over 30 years. In years 1 through 4, she receives annual installments of $500,000. At the beginning of year 5, Julie sells her right to receive the remaining
What is the impact of these two events on country A's merchandise trade balance, current account balance, and official reserve transactions balance?
Why is it important that prices are flexible in the economy? Do you think government should be involved in manipulating prices?
If the firm is currently producing 3 unit of output, what are profits for this firm? A firm's total cost and marginal cost functions are: TC = 10 Q2 + 2 Q - 2.
What is the difference between a movement along and a shift of the demand and supply curves? What are factors that lead to shifts in supply and demand curves?
a) Explain much fishing will occur in a common property setting.
(A). Determine the impact on each of the following if 2 million formerly unemployed workers decide to return to school full time and stop looking for work:
Read article "The Carry Trade" and answer following questions: What is meant by the carry trade? What international economics principle appears
Draw and explain a production possibilities frontier for an economy that produces cheese and milk. What happens
"Economic models display a simplistic version of reality that is easily understood. Only the most important aspects of the prediction or the assumption at hand are included in the model (McEachern, 2017) allowing for the complication due to too mu..
Credit cards are sometimes discussed as a public problem. In 2001, purchases on credit cards accounted for 21% of consumer spending in America, which has the lowest savings rate of any big country.
Illustrate what would you expect to see happen to the cost of a checking account if banks could not make loans. What would happen to the amount of investment made by businesses.
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