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Using the theories of fiscal policy, what should the government of Canada do right now to close any GDP gaps? Be specific on the how

  • Using the theories of fiscal policy, what should the government of Canada do right now to close any GDP gaps? Be specific on the how and why.
  • Choose a country other than Canada. What is the total of its' money supply (what is the money supply, MS)? Was it calculated as M1, M2, M3 or a different definition?
  • Using the theory of monetary policy, what should the Bank of Canada do right now to close any GDP gaps. Be specific on how they would accomplish their goals.

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