Canada is the world’s second-largest country by land area and has its 10th-largest economy. Prime Minister Justin Trudeau’s Liberal Party has shifted Canadian politics to the left since ending the decade-long rule of Conservatives and winning a parliamentary majority in 2015. Although the government prioritizes green environmental policies, its support for the fossil fuel industry is crucial to the economy’s health. Canada closely resembles the U.S. in its market-oriented economic system, patterns of production, and high living standards. Leading sectors include automotive and other manufactured goods, forest products, minerals, and petroleum. Economic growth has recovered after slowing briefly in 2016. About three-quarters of Canada’s exports go to the United States.
What should be the top economic goal for Alberta for Canada and for US? Are they...
What should be the top economic goal for Canada and why
Should economic growth (as measured by increasing GDP) be a policy goal? Explain why and why not.
According to the economic theory of mercantilism, what should a country´s primary goal be?
What are the consequences of dramatic differences in social economic status in the United states? What solutions can and should be implemented to reduce dramatic differences of SES in the US? Why is recognition of diversity and multiculturalism fair as a goal in united states, rather than the assimilationist melting pot goal?
Question 5. (Risk Pooling) Canadian Tires owns and operates two warehouses in Canada to serve two independent markets: Alberta and British Columbia. At present, Warehouse A serves Alberta and Warehouse B serves British Columbia. Demand in Alberta is normal with mean 100 and standard deviation 20. The demand in British Columbia is normal with mean 200 and standard deviation 30. The demand for each day is also independent. Suppose the lead time is 1 day. (a) How much safety stock...
From 2007 to 2009, the US experienced one of its worst economic collapses. What would Keynes recommend the US government should do to fight this problem (if anything)? What would Neoclassical economists recommend the US government should do to fight this problem (if anything)?
what should a government do when economic goals come into conflict? if, for example, combating inflation increases unemployment, which goal should be prioritized?
Thomas Nagel invites us to think about what it is like to be a bat. Frank Jackson invites us to think about a fictional scientist, Mary. Is the goal of Nagel’s bat example the same as, or different from, the goal of Jackson’s Mary example? To answer this question, you should do each of the following: (a) Explain the purpose of Nagel’s bat example. (4 marks) (b) Explain the purpose of Jackson’s Mary example. (4 marks) (c) Argue that the...
What do you personally believe that businesses and other participants in economic markets should do in order to make a positive contribution to society? Why? From a societal perspective, how can we distinguish between "good" strategy and "bad" strategy? Can you give some specific examples of each?
what goods (or services) do you think that we in the US should focus on that would enable us to become a world leader, thereby adding to our economic growth and quality of life? Conversely, what goods should we rely more on through imports? What goods does it make sense to both import and export, meaning we have increased options and competivite prices.