Hi I need some help with understanding my economics assignment. If anyone could help that would be great. Thanks!

1.

Canadians' Wealth Rises

Canadian net saving in the first quarter of 2017 was$22 billion. Holdings of financial assets increased by

$162 billion and the value of shares in corporations increased by$113 billion.

Source ofdata: StatisticsCanada, CANSIM Table378-0119

An increase in household financial assets would______ consumption expenditure and______ saving and ______.

A.

increase; decrease; bring a movement along the consumption function and saving function

B.

increase; decrease; shift the consumption function upward and the saving function downward

C.

increase; increase; shift both the consumption function and the saving function upward

D.

increase; increase; bring a movement along the consumption function and saving function

2.

Read the news clip, the answer the following:

Canada to Lead inGrowth: OECD

The Organization for EconomicCo-operation and Development predicted Tuesday that Canada will lead industrialized countries in economic growth during the first half of this year. The think tank also said the economic outlook has brightened for all G7 countries since its last forecast inNovember, with the exception of Japan. When the numbers arefinal, Canada is expected to have grown by 5.2 per cent in the first three months of2011, and 3.8 per cent in the second quarter.

Source: CBCNews, April5, 2011

What further actions might the Bank of Canada take in 2012 to influence the real GDP growth rate in2012?

A.

The Bank of Canada can lower the interest rate to zero percent to increase exports.

B.

The monetary policy is long and drawn out so most likely any actions the Bank of Canada takes in 2012 will have no effect on real GDP growth in 2012.

C.

The Bank of Canada can lower the interest rate to zero percent to increase consumption expenditure.

D.

The Bank of Canada can lower the interest rate to zero percent to increase investment.

3.

Inflation expectations create self-fulfilling prophecy because people who expect rising prices demand______, which______ and raises the price level.

A.

jobsecurity; increases aggregate demand

B.

jobsecurity; increaseslong-run aggregate supply

C.

higher money wagerates; decreasesshort-run aggregate supply

D.

higher money wagerates; increasesshort-run aggregate supply

4.

In the situation described by AlanGreenspan, you would expect the Fed to_______.

A.

raise interest rates

B.

directly enter the housing market and lower mortgage rates

C.

lower interest rates

D.

do nothing until expectations of increased inflation are reported