Question
1.The current pandemic has had a major impact on the Canadian retail sector, effectively leading to major layoffs of retail workers. a.What effect have the
1.The current pandemic has had a major impact on the Canadian retail sector, effectively leading to major layoffs of retail workers.
a.What effect have the layoffs in the retail sector had on unemployment and inflation?
b.What were the effects on aggregate supply for the retail sector for the short-term? Which portion of the short-run aggregate supply curve is Canada in currently? Why?
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Economics Today The Macro View
Authors: Roger LeRoy Miller
19th Edition
0134478762, 978-0134478760
