good day . Suppose that GDP is $8 billion, taxes are $1.5 billion, private saving is $0.5 billion, and public saving is 0.2 billion. Assuming the…
September 3, 2020
Suppose that consumers are all risk neutral and so they do not purchase health insurance.
September 3, 2020

Compare Canada and China’s economy based on these questions:

a.What is the current state of the economy for both countries?

b.Is the country experiencing an inflationary or a recessionary gap?

c.What kind of macroeconomic policy should these countries follow?

d.Is the real GDP growing and at what rate?

e.What kind of exchange rate policy is this country presently following?

f.How are these countries’ economy going to perform in the coming years?

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