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1. Evaluate the relative strengths of Command- style economies versus Free Market economies. Which model should Canadian economic polity adopt to support prosperity, growth and

1. Evaluate the relative strengths of Command- style economies versus Free Market economies. Which model should Canadian economic polity adopt to support prosperity, growth and stability in the years to come? 2. You have been appointed Governor of Bank of Canada. How will you use your ability to set monetary polity to support growth and stability in the event of a recession? How would your policy change in the event of rising inflation? 3. Describe a Real situation in which a government would have to make a decision between two expensive national programs and experience an opportunity cost.

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