BU111 Lecture Notes - Lecture 10: Initial Public Offering, Toronto Stock Exchange, Trust Company
19
BU111 Full Course Notes
Verified Note
19 documents
Document Summary
Canadian cost of goods compared to another period to see if it cost more, evidence of inflation) Inflation if problematic is if it happens unexpected (consumers less to spend) Interest rates (cost of borrowing money, effects how many people are willing to borrow and consume stuff: for businesses, you have decreased demand in goods. Employment rates (broad economic level predict how much consumers are willing to spend, short supply of skilled labour) Exchange rates (determine cost of doing business in foreign countries, or foreigners doing business in canada) Balance of trade (money in the canadian economy) Significance: affect economic stability, employment, economic growth (measures output, gdp, gnp) Canadian financial system: understand its purpose, describe its structure and organization, four pillars & bank of canada. Identify the primary purpose of each pillar and why and when an organization might use each: discuss changes in banking.
