Answered: You’re a saskatoon business exporting…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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You’re a saskatoon business exporting toothpicks and wooden patio furniture to japan. At what level economic activity are you operating assume that the canadian dollar is getting stronger in world money markets is this good or bad thung for your business what can you do to keep your business competitive explain it lies under the category of tertiary economic activity and specifically state whether it is good or bad

Definition Definition Financial market that deals in securities or assets that are short-term in nature. The money market is responsible for keeping up the liquidity of the businesses and the organizations. These securities are usually held for a period of 12 months or less and are issued by institutions that require cash or funds for their short-term cash flow requirements. The money market is regulated by the federal government.

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