Inflationary booms causes recessions. If the economy overheats; if the rate of economic growth is faster than the long run trend rate â then we will tend to get demand pull inflation. Firms push up prices because demand is growing faster than supply.
Cuba is roughly about 1,500 statue miles north of the equator. The capital of Havana is about 1,600 miles north, and the city of Santiago de Cuba (on the island's southern coa â¦ st) is a little less than 1,400 miles north.nswer #1:   No, Canada is a long distance north of the equator.   =====   Answer #2:   Close is one of those rubber words ... it means different things  to â¦ different   people, and can mean different things to the same person at  different times   or in different situations.
1 Notably, the Equator refers to the Earth âs equator, per above: an imaginary line on the Earth âs surface equidistant from the North Pole and South Pole, dividing the Earth into the Northern Hemisphere and Southern Hemisphere. The Equator is one of the five notable circles of latitude on Earth, with the others being the two Polar Circles and the two Tropical Circles: the Tropic of Cancer and the Tropic of Capricorn. 2  The imaginary circle obtained when the Earth âs equator is projected onto the sky is called the celestial equator.