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Assume you are writing a policy advice brief for the prime minister, justin trudeau who has commissioned you to recommend the four most critical and urgent economic goals for Canada over the next five years. You are very aware that, as a society we have many diverse economic priorities that are important to Canadians, both today and in the future. You job is to clearly outline which four goals are the most important to meet in the short term and to provide a concise argument outlining why each of these objectives in particular is significant to us canada as a nation
High rate of inflation is considered bad for the economy since it has various costs. What are the costs of inflation?
Consider competitive markets, monopolies, and oligopolies. Illustrate what role does each of these play in an economy.
The total surplus (TS=PS+CS) under the old tax per unit was $2000. Next, government reduces the tax rate such that the total government revenue drops $200 below its previous value and DWL drops $100 below its previous value, what can be a possible ne..
Analysts estimate that the expansion of the capacity of the criminal courts in a city would require about 7,200 additional hours of juror time.
Calculate the monthly interest rate first, then multiply by 12 to obtain the annual percentage rate, APR). Express the interest rate as an integer. For example, for 6%, enter 6.
Explain the practical effect of price controls on product and service availability, quality and true cost. What is the full impact of rent controls? On whose behalf are they imposed? Who are the winners and who are the losers? What is the impact of p..
Most economists agree with which of the ?following? Active policymaking is likely to exert sizable? long-run effects on real GDP. Passive policymaking is likely to exert sizable? long-run effects on real GDP.
Suppose each of the following experimental populations suffered from attrition. speculate on the likely implications of not accounting for attrition in the anal
How do 'automatic stabilisers' help ameliorate the effect of a recession?
Consider the following conversation: Does the logic of the reader (G) make any sense, or does it violate economic reasoning?
What is Marginal Revenue? For both Perfect Competition and Monopoly, explain the relationship between marginal revenue and demand.
five firms supplied amateur color film in the United States: Kodak, Fuji, Konica, Agfa, and 3M. From a technical viewpoint, there was little difference in the quality of color film produced by these firms, yet Kodak's market share was 67 percent.
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