Please discuss the current state of themacroeconomy in Canada. In particularplease discuss the growth rates and gross domestic product, the unemploymentrate and lastly inflation. Pleasediscuss how these variables compare to both the short and long runaverages. In providing answers, pleaseprovide where data was obtained. You canuse the internet or more authorative sources such as the Bank of Canada,Statistical Canada (Cansim) dataset or the IMF/World Bank websites. After you have ascertained this information,please make a determination as to whether the economy is at its long run equilibriumlevel (full employment), or whether it is in a recessionary or expansionarygap.
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