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How can I answer each of the following questions please? 1. Based on what we observed in the course on the Canadian monetary system, identify
How can I answer each of the following questions please?
1.
Based on what we observed in the course on the Canadian monetary system, identify the following statements as true or false. On average, the growth rates of money supply and nominal GDP are very close to each other over the 1970-2020 period. 0 True 0 False The comovement between the cyclical components of the money supply and nominal GDP is strongly negative over the 1970- 2020 period. 0 True 0 False On average, ination rate is lower than the growth rate of money supply between 1970 and 2020. 0 True 0 False For each of the following events, choose whether the unemployment rate increases, decreases, stays the same, or whether the effect is unknown. a. Unemployed workers stop receiving employment benets because they have been unemployed for too long. 0 The unemployment rate stays the same. 0 The unemployment rate decreases. O The unemployment rate increases. 0 The effect is unknown. b. Individuals that were employed retire. O The unemployment rate increases. 0 The unemployment rate decreases. O The unemployment rate stays the same. 0 The effect is unknown. For each of the following events, choose if it is likely to increase or decrease the Gini coefcient. a. The Canadian government replaces the current income tax system by a much higher tax on all goods and services. 0 Decrease 0 Increase b. The quality of education in public school becomes lower than in private schools. 0 Decrease 0 Increase c. The government lowers taxes for low income workers and increases taxes for high income workers. 0 Increase O Decrease d. Education becomes more accessible for all individuals. 0 Decrease 0 Increase e. A new innovation increases the value of some skilled workers. 0 Increase O DecreaseStep by Step Solution
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