GGR209H5 Chapter Notes - Chapter 1-3: Conspicuous Consumption, Network Effect, International Trade
Document Summary
Ron swanston is very anti government involvement, he doesn"t want the state to be involved with businesses or receive money from taxation of profits. Stacy kerr essentially believes the opposite to be true, and thus does not mind and even condones business subsidies. Welfare (health, safety, environment) to regulate invest monitor, and enforce to keep citizens healthy and happy. Economic strategy (to stabilize economic growth and influence its growth domestically and globally. Fairness (to ensure that markets work fairly with producers, consumers and all segments of society regardless of where people live. How does macroeconomic planning seeks to achieve growth and stability: lowering interest rates during recessions to increase investments, spending public money in recessions to stimulate multiplier effects. Identify about three central characteristics of the non-profit sector according to. Statistics canada: they don"t generate profits 4 shareholders or owners. Any income left over once expenses have been paid is reinvested in org for support of future activities.
