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What the government can do to reduce the gas price?
A carefully considered economic policy of a government may in fact shield, to a certain extent, the Canadian economy from the shocks of increasing world prices of oil and resources. There are a number of policies that could be applied to achieve a stable domestic economy. Some of these points are discussed below.
1. Government Fiscal and Monetary Policies.
Governments in market economies play critical roles in providing the economic conditions in which the marketplace of private enterprise can function most effectively.
One such role is to provide a widely accepted, stable currency that e…
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