Question
The government of Canada has initiated a RESPONSE ECONOMIC PLAN to help Canadians overcome hardship during these challenging times. -You are requested to research this
The government of Canada has initiated a RESPONSE ECONOMIC PLAN to help Canadians overcome hardship during these challenging times. -You are requested to research this on the internet and list the major actions t taken from the Canadian government - look at 3 other countries which have taken a similar route and list briefly their economic response - USA, Germany, UK and France are good examples but feel free to select any other country. (20 points) From a Canadian perspective, what effect will this have on? -Wages (5 points) -Unemployment (5 points) -Rent (5 points) (Hint: use demand, supply, elasticity and government policy -chapters 4, 5 and 6 for answers) -Explain government intervention in this particular situation from an efficiency vs equity concept
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