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Learning Goal: I’m working on a management question and need an explanation and

by | Apr 27, 2022 | Management | 0 comments

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Learning Goal: I’m working on a management question and need an explanation and answer to help me learn.NO PLAGARISM 1. (/20)a)How did the Canadian government respond to the Great Depression? Was it effective? What ultimately caused the Canadian economy to rebound to its 1929 levels? (/10)b)How did the Canadian government respond to the Covid-19 pandemic? How does the Canadian government’s response to Covid-19 differ from its response to the Great Depression? (/10)HINT: To receive full marks, you must mention the Keynes and Adam Smith economic perspectives as they relate to each government response.2. (/5)When an economy demonstrates economic growth (e.g., a rising GDP), does this mean the average citizen is better off (i.e., experiences an increase in the standard of living)? Explain your reasoning. 3. (/20)a)Explain how monetary policy differs from fiscal policy. How is the money supply targeted? /10b)Why do economists disagree about monetary policy? Discuss common criticisms and perspectives on money supply targeting and interest rate adjustment. /104. (/15)Following Russia’s invasion of Ukraine in February 2022, countries around the Globe imposed trade sanctions on Russia in a bid to cripple President Putin’s military and the Russian economy. As of March 2022, “Canadians and any persons in Canada are now prohibited from exporting, selling, supplying or shipping any good or technology listed on a Restricted Goods and Technologies List to Russia or any person in Russia”.[1]a)Considering what we learned in class about the rationale for international trade and the benefits that trading between countries confers, how do you think trade sanctions prohibiting export and sale of goods to Russia will affect the Russian economy? How do you think they will affect the Canadian economy? (/5)b)In class, we discussed Canada’s three trade policy priorities. List and describe the three trade policy priorities, explaining how Canada’s sanctions against Russian affect each trade policy priority. (/10)HINT: Resist the temptation to look up information about specific trade sanctions online. You will not find the answers you require. All the information you need is in the course material and the paragraph above.5. (/15)Why doesn’t Canada grow its own bananas? Think about this question carefully, drawing on concepts and theories discussed in class.HINT #1: To receive full marks, you must consult more than one of the lectures.HINT #2: Do not respond with “Canada’s climate is not suitable for growing bananas”. This response is worth 1/15. I am looking for you to refer to describe particular economic conditions and policies related to this fact.[1] Campbell, Pellerin, & Ferrell, 2022.

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