Question 1: During recession, how a government can make a best use of fiscal to recover economy. Please use specific examples from recent recession caused by COVID-19 pandemic.
Question 2: Discuss cost and benefits of economic growth, particularly as measured by real GDP per capita? Please provide specific examples of countries to relate to arguments.
Question 3: If U were the Governor of the Bank of Canada, and assuming that the Canadian economy is experiencing an output (or income) gap, then what actions will the Bank take, and what are the tools of monetary policy it will use to eliminate this gap?
Relate theories/concepts with their applications in these questions, quality, clarity, depth of analysis and rational.
Can get information from any source (e.g. book, magazine, newspaper, web etc.) however must provide source reference both inside text and at the end of each question. Can use APA referencing style.