In part due to the recession of 2008, the Canadian government budget changed from a smaller surplus

Question:

In part due to the recession of 2008, the Canadian government budget changed from a smaller surplus to a deficit. What impact would this have on the net exports and private sector balances, other things remaining the same?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Macroeconomics Canada In The Global Environment

ISBN: 9780321931207

9th Edition

Authors: Michael Parkin, Robin Bade

See More Books

Question Posted: Jan 09, 2023 04:07 AM

See More Questions

Due to the recession that lowered income, the market price of good X got lower. For good X, we assume that Qd(P) = 1000 P + Y /20 , and Qs(P) = 2P Y/ 20 , where Y is the income, and P is the price...
Due to the recession that lowered income, the market price of good X got lower. For good X, we assume that Qd(P) = 1000 P + Y 20 , and Qs(P) = 2P Y 20 , where Y is the income, and P is the price of...
The Federal Reserve's response to the recession of 2007-2008 was a. Clearly effective in shortening the recession. b. Quick but not obviously effective in shortening the recession. c. Slow and...
The number of hours of daylight that occur at any location on Earth depends on the time of year and the latitude of the location. The equations below model the numbers of hours of daylight in Seward,...
Southeast Airlines is a small commuter airline serving primarily the state of Florida. Their ticket counter at a certain airport is staffed by a single ticket agent. There are two separate linesone...
Economists sometimes refer to the twin characteristics of economic growth. What are these characteristics?
In order to be able to use industry benchmarks to evaluate a firms performance, it is necessary to determine the industry to which the firm belongs. Eurostat (European Statistical Office) is a...
The sales department of C. Howland Manufacturing Co. has forecast sales in March to be 20,000 units. Additional information follows: Finished goods inventory, March 1 . . . . . . . . . . . . . . . ....
A hiker and his dog have discovered a skeleton hidden deep in the woods. The medical examiner has identified this skeleton as female. What characteristics of the skeleton would help the examiner make...
The Canadian price level is 115, the Japanese price level is 95.4, and the real exchange rate is 103.6 Japanese real GDP per unit of Canadian real GDP. What is the nominal exchange rate?
When the Federal Reserve Chairman Ben Bernanke repeatedly decreased the interest rate during late 2008, he was attempting to stimulate the U.S. economy by lowering the interest rates in the U.S....
Use the graph of f to determine whether each statement in Exercises 122125 is true or false. The range of f is [-2, 2]. -5-4-3-2. 32 y 2 3 +2+ Graph of f H HTT HE X
Boulder got into a fight with Smyth and fractured Smyth's jaw. Smyth sued Boulder for his injuries. Would this case be heard in a trial or an appellate court? Why?
Business ethics should be grounded in deontology more than utilitarianism ." What does this mean? Reflect on the definitions and application of these two distinct ethical frameworks. Why do you think...
Consider the function. f(x) = x + 3 Calculate the right-endpoint approximation R5 for f on the interval [3, 4]. Round to two decimal places. R5
Discuss the longevity of the 4 Ps, how have they been adapted to accommodate e-Business? How would you expect them to change in the future?
In Style Fashion is a new entrant into the fast fashion market. InStyle Fashion targets Gen Z aged between 18-22 and Millennials aged between 23-28 years old. This market is valued at $35.8 billion...
Use the Modified Euler method to approximate the solutions to each of the following initial-value problems, and compare the results to the actual values. a. y' = ety, 0 t 1, y(0) = 1, with h = 0.5;...
Find the center of mass of a thin triangular plate bounded by the y-axis and the lines y = x and y = 2 - x if (x, y) = 6x + 3y + 3.
What determines the real exchange rate and the nominal exchange rate in the long run?
What is a flexible exchange rate and how does it work?
What is a fixed exchange rate and how is its value fixed?
A Picker (someone who selects and packs orders for delivery) at Amazon was recently selected for an internal move to an HR Generalist position at their Amazon warehouse. What type of career move is...
Benjamin is a massage therapist who drives his car to clients, performing massages in their homes or even in their offices. He writes off the transportation expense at tax time. What is MOST likely...
As a leader, it is imperative that you know where your organization is positioned regarding its various external environments. Leaders must recognize and analyze potential risks, as well develop a...

In part due to the recession of 2008, the Canadian government budget changed from a smaller surplus

Question:

Step by Step Answer:

The three balances are related Net expor...View the full answer

Macroeconomics Canada In The Global Environment

Students also viewed these Business questions