Where is Canada in the business cycle?
Here is the link to Statistics Canada's most recent listing of economic indicators.
http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/indi02a-eng.htm
For more information on unemployment rates over the last few years, click on the link given in November 23rd's posting. Look at the chart for Canada vs. US unemployment rates to see where our unemployment rates have been since the 2008-2009 recession.
1) What is happening to GDP, Unemployment, and inflation? Use these statistics to support your answer. Explain what they mean in your own words.
2) Are there any other indicators that look concerning? Explain what they mean in your own words.
3) Are there any other indicators that are positive? Use these statistics to support your answer. Explain in your own words what these statistics mean if necessary.
(GRADE 12) Your assignment: Where is Canada in the business cycle? Write your answer in 5 paragraphs. Use the above 3 questions as paragraph topics and have an opening and closing paragraph. Use these indicators to support your answer.
(GRADE 11) Your assignment: Where is Canada in the business cycle? State your answer then support it by using your answer to question 1. Do not answer questions 2 and 3. Your answer should be approximately half a page, and will be easier to read if you don't make it all one long paragraph.
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