According to Statistics Canada, Canadas exports and imports of energy (combined totals of fossil fuels, hydro, and

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According to Statistics Canada, Canada’s exports and imports of energy (combined totals of fossil fuels, hydro, and nuclear, all measured in petajoules) over a five-year period were as follows:imagea. Using 2014 as the base year, construct index numbers for each of exports and imports.b. Were exports or imports more volatile over this time period? Explain how you know.c. Using your constructed index numbers, what was the percentage change in exports and imports from 2014 to 2018?

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Microeconomics

ISBN: 9780137324644

17th Canadian Edition

Authors: Christopher T.S. Ragan

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