Economics, 14th Canadian Edition, Answers to Even-Numbered Questions

Part 1: What Is Economics?
Chapter 1            Economic Issues and Concepts
Chapter 2            Economic Theories, Data, and Graphs
Part 2: An Introduction to Demand and Supply
Chapter 3            Demand, Supply, and Price
Chapter 4            Elasticity
Chapter 5            Markets in Action
Part 3: Consumers and Products
Chapter 6            Consumer Behaviour
Chapter 7            Producers in the Short Run
Chapter 8            Producers in the Long Run
Part 4: Market Structure and Efficiency
Chapter 9            Competitive Markets
Chapter 10          Monopoly, Cartels, and Price Discrimination
Chapter 11          Imperfect Competition and Strategic Behaviour
Chapter 12          Economic Efficiency and Public Policy
Part 5: Factor Markets
Chapter 13          How Factor Markets Work
Chapter 14          Labour Markets
Chapter 15          Interest Rates and the Capital Market
Part 6: Government in the Market Economy
Chapter 16          Market Failures and Government Intervention
Chapter 17          The Economics of Environmental Protection
Chapter 18          Taxation and Public Expenditure
Part 7: An Introduction to Macroeconomics
Chapter 19          What Macroeconomics Is All About
Chapter 20          The Measurement of National Income
Part 8: The Economy in the Short Run
Chapter 21          The Simplest Short-Run Macro Model
Chapter 22          Adding Government and Trade to the Simple Macro Model
Chapter 23          Output and Prices in the Short Run
Part 9: The Economy in the Long Run
Chapter 24          From the Short Run to the Long Run: The Adjustment of Factor Prices
Chapter 25          The Difference Between Short-Run and Long-Run Macroeconomics
Chapter 26          Long-Run Economic Growth
Part 10: Money, Banking, and Monetary Policy
Chapter 27          Money and Banking
Chapter 28          Money, Interest Rates, and Economic Activity
Chapter 29          Monetary Policy in Canada
Part 11: Macroeconomic Problems and Policies
Chapter 30          Inflation and Disinflation
Chapter 31          Unemployment Fluctuations and the NAIRU
Chapter 32          Government Debt and Deficits
Part 12: Canada in the Global Economy
Chapter 33          The Gains from International Trade
Chapter 34          Trade Policy
Chapter 35          Exchange Rates and the Balance of Payments