15 Feb Why does the Conservative leader feel its wrong to increase interest rates? 5 Marks 2. According to the Conservative leader, what tax is responsible for inflation in Groceries, He
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1. Why does the Conservative leader feel its wrong to increase interest rates? 5 Marks
2. According to the Conservative leader, what tax is responsible for inflation in Groceries, Heating and other household costs? 5 Marks
Part three-25 Marks
1. Having heard both sides of the argument, provide your opinion if you think higher interest rates to curb inflation is justified. 10 Marks
2. How has inflation and increases in Consumer prices effected your life? 10 Marks
3. As you learned in this course, one of the major Macroeconomic goals is stable consumer prices. Do you feel the Bank of Canada is doing everything its can to stop consumer prices from increasing (your opinion). 5 Marks
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