7. Distinguish between direct (prohibition), indirect pollution controls (e.g. carbon taxes), and market mechanisms (e.g. cap and trade). Why would the business class prefer cap and trade?
8. Contrast GDP with the Genuine Progress Indicators (GPI) considering pollution, the depletion of natural resources, crime, and income distribution in your answer. Contrast GDP and GP growth rates.
9. The World Economic Forum rankings suggest that high tax and spend countries are the most competitive in the world. How would crowding-in help to explain this? Discuss Norway and Alberta using the same framework.
10. Why does the left think the Canadian and US governments have used right-wing policy for monetary policy, fiscal policy, deficit and debts, regulation, the natural rate of employment, GDP growth, trade, and inflation.