Questions from Macroeconomics


Q: What are the policy actions taken by central banks in response to

What are the policy actions taken by central banks in response to the financial crisis?

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Q: Why was the U.S. recovery from the 2008–

Why was the U.S. recovery from the 2008–2009 recession so slow?

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Q: With low interest rates, business investment and trade are expected to

With low interest rates, business investment and trade are expected to bring growth through 2016. Explain the effects of business investment on aggregate demand. Would you expect it to have a multipli...

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Q: With low interest rates, business investment and trade are expected to

With low interest rates, business investment and trade are expected to bring growth through 2016. What actions might the Bank of Canada take to stimulate business investment further?

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Q: If the Bank of Canada started to raise the overnight loans rate

If the Bank of Canada started to raise the overnight loans rate in 2015, explain the process by which this policy action would change real GDP.

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Q: What does the Bank of Canada do to determine whether the overnight

What does the Bank of Canada do to determine whether the overnight loans rate should be raised, lowered, or left unchanged?

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Q: A semiconductor is a key component in your laptop, cellphone,

A semiconductor is a key component in your laptop, cellphone, and iPod. The table provides information about the market for semiconductors in Canada. Producers of semiconductors can get $18 a unit on...

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Q: Before 1995, trade between Canada and Mexico was subject to tariffs

Before 1995, trade between Canada and Mexico was subject to tariffs. In 1995, Mexico joined NAFTA and all Canadian and Mexican tariffs have gradually been removed. Explain how the quantity of Canadian...

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Q: What is stagflation and why does cost-push inflation cause stagflation

What is stagflation and why does cost-push inflation cause stagflation?

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Q: Suppose that in 2014 tomato growers in Ontario lobby the Canadian government

Suppose that in 2014 tomato growers in Ontario lobby the Canadian government to impose an import quota on Mexican tomatoes. Explain who in Canada would gain and who would lose from such an import quot...

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