Also of great help in facilitating economic adjustment to terms-of-trade shocks are the ingenuity of Canadian business people, the diversity and resilience of the Canadian economy, and the flexibility of labour and product markets.
Reserve, Consumers  and  Mobile  Financial  Services  4 The Federal Reserve Board’s Survey of Household Economics and Decisionmaking finds that 46 percent of  households report that they would need to borrow money or sell something in order to pay an unexpected expense of $ The report of survey findings is available on the Board’s website at www.federalreserve.gov/communitydev/shed.htm.