Documente Academic
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Discussion
1. What do you know about the Canadian Banking system? 2. What experiences have you had in dealing with Canadian banks? Types of accounts / transactions?
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Key Terms
Bank of Canada Banks Budget Deficit / Surplus Business cycles Inflation Unemployment rate
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Stock Market
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Prior to 1980, the rate of money growth and the interest rate on long-term bonds were closely tied
Since then, the relationship is less clear but still an important determinant of interest rates
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Fiscal Policy
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