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Canada's Economy In 1996
Beginning of essay
To investigate the state of the Canadian economy, it is very useful to
track Canada's six major economic goals: economic growth, economic stability,
economic efficiency, economic equity, viable balance of payments, and low
unemployment. At a given time, Canada is achieving some of these goals whil ....
Middle of essay
....h rate. In 1996, Canada's GDP has been increasing slowly
since the first quarter. The GDP in the first quarter was 1.8%, then increased
to 2.2% in the second quarter, and in the third quarter it rose to 3.0%. In
this way, Canada has been experiencing steady growth. This goal is being met
because of the increase in consumer spending inspite of the government cutbacks.
Consumer spending levels tell producers what to produce, and how much to produce.
If consumer spending increases, it gives a s.... |
| Number of words: 1352 |
Approximate pages: 5 |
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