Because of the volatility of food and energy prices, the Bank of Canada pays more attention...
Because of the volatility of food and energy prices, the Bank of Canada pays more attention in the short run to changes in ________ than to changes in ________.?
Homework Answers
Because of the volatility of food and energy prices, the Bank of Canada pays more attention in the short run to changes in core inflation than to changes in total CPI inflation.
- It is because of the fact that the core inflation takes into consideration change in the costs of goods/services.
- However, it does not take into consideration the costs of goods/services from the food and energy sectors. Keeping in view the fact that the prices of food and energy (goods/services) are much more volatile, thereby the core inflation does not take account of them.
Add Answer to:
Because of the volatility of food and energy prices, the Bank
of Canada pays more attention...
Food deteriorates more slowly in a refrigerator because
3. Food deteriorates more slowly in a refrigerator because (10.1) A. more reactants are added B. products are removed C. the energy of activation is higher D. fewer collisions have the energy of activation E. collisions have the wrong orientation upon impact 4. A reaction reaches equilibrium when (10.2) A. the rate of the forward reaction is faster than the rate of the reverse reaction B. the rate of the reverse reaction is faster than the rate of the forward reaction C. the concentrations of reactants and products are...
This Question: 1 pt 10 of 10 (9 complete) The Bank of Canada and the government...
This Question: 1 pt 10 of 10 (9 complete) The Bank of Canada and the government of Canada have agreed that the Bank will achieve an inflation rate target. Which arrangement, inflation targeting or unemployment targeting, would most likely provide price stability? targeting would most likely provide price stability because it would anchor the short-run tradeoff at the rate. O A. Unemployment; natural unemployment B. Inflation; natural unemployment C. Inflation ; expected inflation OD. Unemployment; expected inflation
This Question: 1 pt 1 of 10 (2 complete) The Bank of Canada and the government...
This Question: 1 pt 1 of 10 (2 complete) The Bank of Canada and the government of Canada have agreed that the Bank will achieve an inflation rate target. Suppose Parliament legislated interest rate changes. How would you expect the policy choices to change? The most likely result in the short run would be In the long run, the inflation rate would A. an increase in money growth and falling interest rates; fall and nominal interest rates would fall further...
All else equal, consumer demand for a good will be more elastic in the short run...
All else equal, consumer demand for a good will be more elastic in the short run than in the long run. True False D Question 4 10 pts Food and drink purchased inside an airport or concert have higher prices than food and drink elsewhere because when consumers are in these locations demand is more (elastic, inelastic). When this is the case. sellers can earn more revenue by charging (higher, lower) prices. The reason that prices in these locations aren't...
24 the changes in prices and output that occur in the long run. changes in wages,...
24 the changes in prices and output that occur in the long run. changes in wages, and these are unchanged in the long run. the availability and productivity of real resources, not by the output level. b. The shape of the short-run aggregate supply curve is points eBook upsloping, because wages adjust more rapidly than the price level vertical, because wages adjust at the same rate as the price level. upsloping, because wages adjust more slowly than the price level,...
Aa Aa 4. The effect of Bank of Canada action (or inaction) in the AD-AS model Consider the follow...
Aa Aa 4. The effect of Bank of Canada action (or inaction) in the AD-AS model Consider the following graph. The economy is currently producing at point A (grey star symbol), which corresponds to the intersection of the AD1 and SRAS1 curves. The Bank of Canada is considering whether to intervene in an effort to bring the economy back to its potential PRICE LEVEL 180 LRAS SRAS 175 If Bank Intervenes 170 SRAS1 165 160 155 150 AD2 145 140...
6. When the Federal Reserve Bank changes the money supply and interest erve Bank changes the money supply and inter...
6. When the Federal Reserve Bank changes the money supply and interest erve Bank changes the money supply and interest rates to affect the economy, this is called and it's a policy. a fiscal policy, Keynesian b. growth policy: Classical c. monetary policy: Classical d. monetary policy, Keynesian 7. An example of a long run Classical policy to increase potential GDP is a. the Federal Reserve implementing monetary policy to get the economy out of recession b. the government subsidizing...
21. Which of the following is one reason for the existence of policy lags? a. Government experts...
21. Which of the following is one reason for the existence of policy lags? a. Government experts are slow in figuring out what is going on. b. Households and firms plan their spending in advance and therefore are slow in responding to changes in interest rates. c. It is impossible to build an accurate model of the economy. d. It is difficult for the Bank of Canada to change the bank rate. 22. What does the time inconsistency of policy imply? a....
Prescription drug prices in the United States are often three to four times higher than in Canada
Prescription drug prices in the United States are often three to four times higher than in Canada, the United Kingdom, and India. Today, pharmacies in these countries fill millions of low-cost prescriptions through the mail to U.S. citizens. Given that the pharmaceutical industry cannot prevent the resale of these drugs, are the industry's efforts to price discriminate useless?A. No, because most people living in the United States still fill their prescriptions in U.S. pharmacies.B. No, because laws prevent the reselling...
Which of the following statements is true? Equity is more costly to raise than debt because...
Which of the following statements is true? Equity is more costly to raise than debt because IPOs take a long time to organize Debt is more costly to raise than equity because it is riskier, thereby requiring higher returns Equity is more costly to raise than debt because it is riskier, thereby requiring higher returns Debt is more costly to raise than equity because the bond market is illiquid What is the goal of the Firm? To maximize shareholder value...
This Question: 1 pt 10 of 10 (9 complete) The Bank of Canada and the government of Canada have agreed that the Bank will achieve an inflation rate target. Which arrangement, inflation targeting or unemployment targeting, would most likely provide price stability? targeting would most likely provide price stability because it would anchor the short-run tradeoff at the rate. O A. Unemployment; natural unemployment B. Inflation; natural unemployment C. Inflation ; expected inflation OD. Unemployment; expected inflation
This Question: 1 pt 1 of 10 (2 complete) The Bank of Canada and the government of Canada have agreed that the Bank will achieve an inflation rate target. Suppose Parliament legislated interest rate changes. How would you expect the policy choices to change? The most likely result in the short run would be In the long run, the inflation rate would A. an increase in money growth and falling interest rates; fall and nominal interest rates would fall further...
All else equal, consumer demand for a good will be more elastic in the short run than in the long run. True False D Question 4 10 pts Food and drink purchased inside an airport or concert have higher prices than food and drink elsewhere because when consumers are in these locations demand is more (elastic, inelastic). When this is the case. sellers can earn more revenue by charging (higher, lower) prices. The reason that prices in these locations aren't...
24 the changes in prices and output that occur in the long run. changes in wages, and these are unchanged in the long run. the availability and productivity of real resources, not by the output level. b. The shape of the short-run aggregate supply curve is points eBook upsloping, because wages adjust more rapidly than the price level vertical, because wages adjust at the same rate as the price level. upsloping, because wages adjust more slowly than the price level,...
Aa Aa 4. The effect of Bank of Canada action (or inaction) in the AD-AS model Consider the following graph. The economy is currently producing at point A (grey star symbol), which corresponds to the intersection of the AD1 and SRAS1 curves. The Bank of Canada is considering whether to intervene in an effort to bring the economy back to its potential PRICE LEVEL 180 LRAS SRAS 175 If Bank Intervenes 170 SRAS1 165 160 155 150 AD2 145 140...
6. When the Federal Reserve Bank changes the money supply and interest erve Bank changes the money supply and interest rates to affect the economy, this is called and it's a policy. a fiscal policy, Keynesian b. growth policy: Classical c. monetary policy: Classical d. monetary policy, Keynesian 7. An example of a long run Classical policy to increase potential GDP is a. the Federal Reserve implementing monetary policy to get the economy out of recession b. the government subsidizing...
Most questions answered within 3 hours.
-
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 10 minutes ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 41 minutes ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 2 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 2 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 3 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 4 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 4 hours ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 4 hours ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 5 hours ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 5 hours ago -
Explain in steps on the following code
What would be the output when executed
using System;...
asked 5 hours ago -
Given the information in the table, which of the following
statements is CORRECT?
Stock A
Stock...
asked 5 hours ago