(1)
Expansionary fiscal policy
Problem: Recession, slow growth
Expansionary fiscal
Higher domestic interest rate
Increased foreign demand for dollars
Dollar appreciates
Net exports decline (aggregate demand decreases,
partially offsetting the expansionary fiscal policy)
(2)
Contractionary fiscal policy
Problem: Inflation
Contractionary fiscal policy
Lower domestic interest rate
Decreased foreign demand for dollars
Dollar depreciates
Net exports increase (aggregate demand increases,
partially offsetting the contractionary fiscal
Q1) As represented in the table above, explain both Expansionary and Contractionary fiscal policies. Q2) What is Canada's Net Public Debt in 2021?

Answers

Answer 1

Q1) The appreciation of the dollar leads to a decline in net exports, as it becomes more expensive for foreign buyers to purchase goods and services, partially offsetting the expansionary fiscal policy.Contractionary fiscal policy is implemented to address inflationary pressures in the economy. Q2) September 2021, Canada's net public debt stood at around 37% of its GDP.

Q1) The table represents the effects of expansionary and contractionary fiscal policies on the economy.

Expansionary fiscal policy is implemented in response to a recession or slow economic growth. It involves increasing government spending and/or reducing taxes to stimulate aggregate demand.

This leads to higher domestic interest rates, as increased government spending increases the demand for funds. The higher interest rates attract foreign investors who demand more dollars, causing the dollar to appreciate.

Contractionary fiscal policy, on the other hand, is implemented to address inflationary pressures in the economy. It involves reducing government spending and/or increasing taxes to decrease aggregate demand. This leads to lower domestic interest rates, as reduced government spending decreases the demand for funds.

As a result, there is decreased foreign demand for dollars, leading to the depreciation of the dollar. The depreciation of the dollar increases net exports, as it becomes cheaper for foreign buyers to purchase goods and services, partially offsetting the contractionary fiscal policy.

Q2) Net public debt refers to the accumulated debt of the Canadian government that remains outstanding after subtracting the value of its financial assets.

Canada's net public debt can be influenced by various factors, such as government spending, tax policies, economic growth, and interest rates. Increases in government spending or decreases in tax revenues can contribute to a higher net public debt, while economic growth and effective fiscal management can help reduce it.

It is important to consult the latest official reports or sources to obtain the most accurate and up-to-date information regarding Canada's net public debt in 2021.

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Related Questions

sentencing guidelines require judges to determine a defendant’s sentencing using:

Answers

Sentencing guidelines require judges to determine a defendant’s sentencing using mandatory minimums and maximums.

Sentencing guidelines refer to a set of principles and guidelines established by the United States Sentencing Commission to guide judges in determining the appropriate sentences for criminal defendants in federal courts. The sentencing guidelines outline the minimum and maximum penalties that a defendant can face for different offenses, taking into account the nature and severity of the crime, the offender’s criminal history, and other relevant factors.The guidelines require judges to determine a defendant’s sentencing using mandatory minimums and maximums. Judges must apply these guidelines in determining the sentence, although they have discretion to deviate from the guidelines in certain cases if they find that the defendant’s circumstances warrant it. However, if the judge departs from the guidelines, he or she must provide an explanation for doing so.The purpose of the guidelines is to ensure that similarly situated defendants are sentenced similarly and to promote fairness and consistency in the sentencing process. They are not binding on judges, but they carry significant weight in the sentencing process. The guidelines are reviewed and updated periodically by the United States Sentencing Commission to ensure that they reflect changes in the law and criminal justice policies.In conclusion, sentencing guidelines require judges to determine a defendant’s sentencing using mandatory minimums and maximums. Judges must apply these guidelines in determining the sentence, although they have discretion to deviate from the guidelines in certain cases if they find that the defendant’s circumstances warrant it. If the judge departs from the guidelines, he or she must provide an explanation for doing so. The purpose of the guidelines is to promote fairness and consistency in the sentencing process, and they are reviewed and updated periodically by the United States Sentencing Commission.

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The Parol Evidence rule is relevant only in cases:
A. that are oral in nature.
B. where parties have expressed an agreement.
C. of the sale of goods.
D. subsequent modification do not have a suitable consideration

Answers

The Parol Evidence rule is relevant only in cases where parties have expressed an agreement.What is the Parol Evidence rule?Parol evidence rule is a legal principle that preserves the integrity and finality of a written document.

It is a substantive common law rule that governs the usage of evidence of oral or written communications that are made before or at the time of executing a written contract in regards to that agreement.In the United States, the parol evidence rule has been widely implemented in all types of contracts, although the term "parol" is most commonly used to describe contracts for the sale of goods. This rule governs when an extrinsic evidence or an outside document may or may not be introduced to interpret or complete a contract.What is the relevance of Parol Evidence rule?Parol Evidence Rule is significant in cases where parties have expressed an agreement. This rule has the following relevance:It prevents fraud and perjury by maintaining the finality of the written agreement.It preserves the contract’s sanctity and serves to restrict contradictory or non-conforming evidence that is presented for the same purpose. It ensures the interpretation of the written contract as intended by the parties.It reduces the scope of expensive and time-consuming litigation. It restricts claims of oral promises or statements that would otherwise allow a party to stray from their agreement’s stipulated provisions.

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Many northern states passed personal-liberty laws in order to A) minimize the enforcement of the Fugitive Slave Law.
B) weaken the position of free blacks in their states.
C) weaken the abolitionist movement by offering some personal liberties to blacks but not true equality.
D) protect the rights of white men against the attacks of abolitionists and women.
E) make sure that the Bill of Rights was respected.

Answers

In order to reduce the Fugitive Slave Law's enforcement, many northern states created legislation protecting individual liberties. The Fugitive Slave Law was the strictest regulation that the US government imposed to safeguard the rights of slaveowners.

Northern States created personal liberty laws to counteract the Fugitive Slave Law and protect the rights of free black people. Personal-liberty laws were laws passed by many states in the Northern United States during the 1850s. They were designed to protect individual free blacks from kidnapping and to safeguard their right to a fair trial when they were accused of being runaway slaves.

Personal-liberty laws made it difficult for fugitive slave hunters to capture and return slaves. In addition, it made the kidnapping of free black people a crime.

Because of the Fugitive Slave Law, legislation protecting individual liberties were adopted. Congress passed the Fugitive Slave Act of 1850 to enhance the federal government's capacity to locate and apprehend fugitive slaves.

As a result of the Fugitive Slave Law, anyone who assisted a slave, refused to help capture a fugitive slave, or rescued a captured slave was punished. The Fugitive Slave Law resulted in a significant public outcry against the law in the Northern United States. In response, states passed personal-liberty laws.

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The graph shows the market for graphic T-shirts.
Price in Dollars
18
16
14
12
10
8
4
2
10
20
40
Quantity Supplied

50
What does the graph show about the relationship
between a product and its price?
O As the amount of a product goes up, the price goes
up.
O As the amount of a product goes down, the price
goes up.
O As the interest in a product goes up, the price goes
up.
O As the interest in a product goes down, the price goes
up.

Answers

The relationship between a product and its price is that as the interest in a product goes up, the price goes up. Thus, Option C is the correct statement.

What is the relationship between a product and its price?

The theory of price states that, the price is affected by various factors in the market and these factors can influence the price of the product.

The factors may be as follows  -

Income of the consumers.Price of substitute goods.Price of complementary goods.Taste and preferences of consumers.

Thus, the relationship between a product and its price is that as the interest in a product goes up, the price goes up. Thus, Option C is the correct statement.

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Full Question:

Although part of your question is missing, you might be referring to this full question:

The graph shows the market for graphic T-shirts.

What does the graph show about the relationship between a product and its price?

As the amount of a product goes up, the price goes up.

As the amount of a product goes down, the price goes up.

As the interest in a product goes up, the price goes up.

As the interest in a product goes down, the price goes up.

See attached image.

Steps in the bank reconciliation process

Answers

Answer:

Steps:

Explanation:

1: Compare the bank account balance to the cash balance on your books

2: Scrutinize your bank statement

3: Scrutinize your cash book

4: Adjust the balance of your bank account

5: Adjust the balance of your books

6: Record the reconciliation

(Hope this helps?)

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