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.
The equator is exactly half way between the North Pole and South Pole. Each of the seven continents is located in at least two hemispheres. Look at our continent of North America. It lies in the Western Hemisphere and the Northern Hemisphere.ll of Australia is located south of the equator, and east of the Prime Meridian. This means that Australia/Oceania is located in the Southern and Eastern Hemispheres. North of Australia, lies the largest continent in the world, Asia.