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a. The recent global outbreak of Covid-19 has major economic consequences. Using the AS-AD model, show what will be short-term impact of this crisis on the Canadian economy. Discuss some reasons why this impact may happen
b. Suppose the Canadian government wants to use Fiscal and Monetary policy to stabilize the economy during the time of this outbreak. What actions should it take in terms of Fiscal Policy? In terms of Monetary Policy? Discuss how these policies work
c. What have been some of the fiscal and monetary measures already taken by the Canadian government?
What was the effect on the economy from the Kennedy and Johnson tax cuts? Which of the following is a defense for policymakers?
John Q is planning to buy a bond having a face value of $100,000 for $90,000. The bond is paying 8% per year payable semi-annually and is redeemable 6 years from now at its face value. What is the rate of return on this investment per six months a..
Choose one international trade agreement. For Example European Union, A.D.E.C., NAFTA, etc. List 3-5 guidelines of the agreements. No conclusions about the agreement. Discuss with examples pros and cons on this international trade agreement from..
What are the short term and long term consequences of designing a system with contract-to-logic coupling? What are the effects on the service itself and what are the effects on the overall service inventory when this occurs? Using research and you..
1. The General Manager (GM) of a car dealership is working on a three year business plan. The GM expects inflation to rise over the next three years. - How will higher inflation affect the number of vehicles the dealership can sell?
What is the maximum annual maintenance expense that you could afford to spend on your car over its life in order to reduce the cost of periodic major engine overhauls by $300?
How would you describe East Asia's economic circumstances? Is growth a constant or is the region undergoing change? Which and explain why you say so? What are the implications of this consistency or change? EXPLAIN.Where is the change happening or..
What is the equation for the market demand for Harry Potter books if all consumers have the same equation for demand as Laurel?
How would this situation be described in terms of Positive economics?
Write a python program. In this problem, we use a list of integers in the range 0,...n - 1 to specify a permutation of the numbers from 0 to n - 1. Write a function that accepts a permutation and prints out a tuple containing the following: a list..
Distinguish between a customs union and a common market. Explain why there has been a growth in the underground economy of the United States.
What are the goals of macroeconomics? Please discuss the trade-off between inflation and unemployment and Phillips curve?
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