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In Macroeconomics, there are two main tools Government (Bank of Canada) can use. Given the current economy with officially recession but also cost-push inflation, argue the case for using one or both tools. Will doing what the Bank of Canada is currently doing work? Why or why not? Will what the Finance Minister is doing work? Why or why not?
This will demonstrate what you have learned and also whether you can think through the theory to policy. You will be graded on the theory you have learned (50%), application (25%) and format (spelling, grammar. organization, citations, and references (25%).