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I need really short answers for these questions Canada has an annual inflation rate of 8.5 % and an annual unemployment rate of 7.9 %.
I need really short answers for these questions
- Canada has an annual inflation rate of 8.5 % and an annual unemployment rate of 7.9 %. Both rates have increased at least one percentage point over the past 12 months. Canada exports goods valued $10 billion more than the goods Canada imports. In other words, the balance in merchandise trade value is $10 billion.Based on the evidence presented decide if the value of the Canadian dollar will rise or fall.Give reasons for your decision.
- The world price of oil reaches $95 a barrel. By comparison, in today's terms, the 1973 price of oil was about $10 a barrel. In the 1980s the price fluctuated between $20 and $40 a barrel. Canada has an annual inflation rate of 2.9 % and an unemployment rate of 5.2%. Both rates have remained stable over the past 12 months. Based on the evidence presented decide if the value of the Canadian dollar will rise or fall. Give reasons for your decision.
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