Reference no: EM133334628
Question A Read the following article from The Canadian Business Journal published October 17 2017
Article: CANADA'S ENCOURAGING ECONOMIC GROWTH OUTLOOK
Next answer the following questions:
1. Give two reasons why you believe the Organization for Economic Co-operation and Development (OECED) would raise its expectations for economic growth?
2. In your opinion, if the Canadian economy is growing the most out of any G7 nation, does that mean Canada is the best country to live in?
3. List and explain at least two factors would contribute to Canada's economy growing at a faster pace than expected?
4. List and explain at least two concerns of importing and exporting to the Canadian economy raised in the article?
Question B Read the following articles from The National Post published January 12, 2012. Andrew Coyne: Welcome back, deficits (and the cuts you force)²
Article: Andrew Coyne: Welcome back, deficits (and the cuts you force)
Answer the following questions:
1. Give one pro and one contra argument of why the federal government's spending cuts may or may not help to reduce the deficit.
2. In the article, author Andrew Coyne states, "The three-year program of federal cuts will, it is true, lead to a reduction in spending, adjusting for inflation and population growth." What type of fiscal policy is the government enacting? List and explain two economic factors that may prevent the government from getting the expected result.