ECN 204 Lecture Notes - Lecture 1: Birds Eye View, Canadian Dollar, Child Benefit
21 Feb 2018
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Document Summary
Energy product exports fell which effect goods and services (drops growth) Housing investments decreased due to new policies (ontario tax on foreign buyers) -investments going down, slowing down activity of resale. American trade policy is reducing business confidence housing market will collapse (expectation) Unemployment rate goes up as more businesses are filing for (cid:271)ankrupt(cid:272)y (cid:894)toy"s r us and sears(cid:895) As canadian dollar decreases, the more we have to pay for veggies and fruits which are essential in our daily lives. Weather can affect prices (fluctuation) affect production too. Higher gas prices accelerate gas prices (which means higher prices for transportation) Child benefit lends a hand to those who need aid in their finances (leads to a growth in economy)
