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Describe the adjustments in the production possibilities curves in each of the following situations for the Canadian economy.(a) the economy moves from full employment into a deep recession
(b) the economy makes great strides in eliminating discrimination
(c) the end of the Cold War leads to cuts in military spending
(d) the government significantly increases spending for health and education
Unsecured Bonds
Debentures or bonds that are not backed by specific collateral.
Debentures
A type of long-term debt instrument that is not secured by physical assets or collateral but based on the issuer's creditworthiness and reputation.
Dividends
Profits of a corporation that are distributed in the form of cash payments to stockholders.
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