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a} Explain whetherthere would be an inverse or positive relationship between each of the following variables {2 marks each}: {i} Net Taxes and Gross Domestic
a} Explain whetherthere would be an inverse or positive relationship between each of the following variables {2 marks each}: {i} Net Taxes and Gross Domestic Product [all else equal] [ii] The value of the Canadian Dollar and Aggregate Demand {all else equal} [iii] The unemployment rate and Fteal GDP [all else equal} {iv} Technology and Long Run Aggregate Supply {all else equal} {eh} given economy has a base year of 2000 and EMS as its current year. Suppose Nominal GDP in 2000 was $14 billion and Nominal GDP in 2018 was $13 billion. The GDP deflator was 118 in 2U13_Galculate the economic growth rate for this economy between 200i] and 2013...|{-'1 marks}
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