Question
Fill in the columns of the Canadian databases using the macroeconomic databases you know. (FRED: US and international data; free Excel integration, Federal Reserve free,
Fill in the columns of the Canadian databases using the macroeconomic databases you know. (FRED: US and international data; free Excel integration, Federal Reserve free, Federal Reserve: U.S. monetary authority, Cansim: Canadian data; organized by tables, Bank of Canada: Canadian money market, Eurostat: European Union data, IMF: international data, Financial Markets, etc....)
M1: monetary mass 1
M2: monetary mass 2
M3:monetary mass3
p=price level
Y = production = real income
K = capital stock (value of all machines, buildings etc.)
N = population and labor force (all workers in the economy)
y=Y/N production per worker
v = velocity of circulation of money billion : in english it's billion
NB: Give only Canadian data
\begin{tabular}{|ll} \hline & 1997(1992=100) \\ M1 & $73.46 milliards \\ p & 107.1 \\ y & $798.42 milliards \\ Y & $855.103 milliards \\ K & 0.0859 \\ v & 11.64 \\ M2 & $406.214 milliards \\ M3 & $533.488 milliards \end{tabular} \begin{tabular}{|ll} \hline & 1997(1992=100) \\ M1 & $73.46 milliards \\ p & 107.1 \\ y & $798.42 milliards \\ Y & $855.103 milliards \\ K & 0.0859 \\ v & 11.64 \\ M2 & $406.214 milliards \\ M3 & $533.488 milliards \end{tabular}Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started