MGMT 1P93 Lecture Notes - Lecture 4: Imperfect Competition, Disinflation, Substitute Good
28 Sep 2016
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Two factors that will impact out economic future, cdn dollar, and oil prices. Housing starts in the u. s increases lumber sales. Nunavut will have the youngest population by 2038. Centenarians (people over 100): 7000 (2013, 62000 (2063) People over 80: 4. 1% (2016, 9. 6% (2045) 6,775,800 people born outside canada; 20. 6% - highest of the g7. The goal is controlled, sustainable growth through both fiscal and monetary policy. Fiscal: taxation and spending decisions influence the economy; these decisions are designed to encourage growth, boost employment, and curb inflation. M1 money supply: all currency paper bills and metal coins- plus chequing accounts and traveller"s cheques. M2 money supply: all m1 plus most savings accounts, money market accounts, and certificates of deposit. (low risk). You deposit : the bank loans bob 4900. Bob buys a car from mohammed for 4,900. Right to own business and keep profit after taxes.
