In a scenario where the CAD where to appreciate suddenly from 0.80$US to 0.96$US, what would be the consequence on the following variables?

Calculate the Canadian dollar price of this American product.

Lockheed Martin F35 fighter jet @ 91,654,987$US, where 1$CA = 0.84$US

(No decimals, no spaces, no dollar sign)

Calculate the American dollar price of this Canadian product.

1 barrel of Alberta Oil @ 32.96 $CA, where 1$CA = 0.76$US

NOTE - Please use a PERIOD for the decimals. Round to the penny. No dollar sign.

Calculate the Canadian dollar price of this European product.

Fiat 500 Automobile @ 11,389 Euro, where 1$CA = 0.67Euro

(Round to the integer, no decimals, no spaces, no dollar sign)

Calculate the British Pound price of this Canadian product.

1 ton of Quebec Aluminum @ 2,829$CA, where 1$CA = 0.56£ (GBP)

(No decimals, no Pound Sign)

Match the definition with the term.

The Circular Flow of Money model allows to visualize many things about the economy.

Complete the sentences by matching the incomplete statement with the missing concept.

"Capitalists should avoid reducing wages as it reduces firms’ sales revenue on product markets."

Determine if this statement is Positive, or Normative.

Identify the model where this idea is best discussed. 

Discuss the logical validity of the statement.

The Circular Flow of Money diagram uses two types of markets.

Match the object with the appropriate market category.

Consider the country of SamsungTon, where employers are looking to hire 50 000 people, and the local schools are expecting to graduate 55 000 young labourers.

Considering the market condition is a surplus of Answer Question 8 workers, wages should be decreasing.