BU111 Lecture Notes - Lecture 3: United States Dollar, Canadian Dollar, Disposable And Discretionary Income
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BU111 Full Course Notes
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Economic growth gdp and standard of living. *if governments are borrowing from other countries, it makes it harder for businesses to borrow from the government . *canada"s dollar used to be roughly 70c compared to the. Rose quickly to become on-par with the american dollar but this isn"t good for companies, because they rely on exporting (usa is our biggest exporting partner). Because the value of our dollar was so low, it attracted a lot of us companies that we could export. As our dollar rose, so did prices, and it wasn"t as attractive for us companies. Example: smoking in the classroom was allowed for teachers back in the day. The changing customs and values of the consumer can be interpreted and used to insinuate where the consumer will spend their money. Mcdonald selling hamburgers in parts of india where they don"t eat meat. Example: how long the worker wishes to stay with the company.
