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Susie has lost her job in a Vermont textile plant because of import competition. Susie has lost her job in a Vermont textile plant because of import competition. She intends to take a short course in electronics and move to Oregon where she anticipates that a new job will be available. We can say that Susie is faced with:
September 3, 2020Explain what Effective Price floor is (above the equilibrium price) and efficiency. Illustrate by giving examples. Explain what Effective Price…
September 3, 2020Write down the quantity equation, in both the level and the rates of change form. What do each of the terms represent? and Does the Bank of Canada target the rate of growth of M1 (the money supply) or the inflation rate? Why?