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Buy custom Canada's Economy In 1996

Essay's paper info
Topic: Business
Number of pages / Number of words: 5 / 1388
Essay's paper body

Slow growth also keeps

inflation low. For example, in September 1996, the inflation rate changed from

1.3% to 1.2%. To stimulate economic growth, interest rates must be kept low.

For example, the bank rate decreased to 3.5% in November 1996. This encourages

businesses to borrow money and to expand...


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This encourages

businesses to borrow money and to expand. Increased exports also help stimulate

economic growth, because increases in foreign demand for Canadian goods and

services may stimulate the domestic markets.

The goal of economic stability has been achieved. In 1996, the inflation

rate has been relatively low...


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General points of the essay

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