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 Suppose that on January 1, 2011, a household had $3 00,000, which it wanted to hold for use one year later. Calculate, by using resources available online or in the university library, which of the following would have been the best store of value over that period. (10 marks) a. The (Canadian) dollar. b. Stocks whose prices moved with the Toronto Stock Ex change (S&P/TSX) index c. A Government of Canada 5.75 percent bond coming due in 2029 d. Gold e. A house whose value changed with the average house price in Canada

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91709446

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