Multiple Choice
The two key business cycle events in Canadian economic history were
A) government budget deficits and World War II.
B) the Great Depression and government budget deficits.
C) World War II and the Great Depression.
D) the Great Depression and stagflation.
E) the productivity slowdown and the Great Depression.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: According to Keynesian coordination failure theory, the
Q4: Improvements in a country's standard of living
Q5: Tax cuts<br>A) may have no effect, if
Q6: To be useful, macroeconomic models<br>A) must be
Q7: Canada has become a more open economy
Q9: The development most responsible for the wide-spread
Q10: During the 2008-2009 recession in Canada,<br>A) exports
Q11: The financial crisis<br>A) originated in Canada.<br>B) had
Q12: The idea that government budget deficits do
Q13: According to the Lucas critique, the effects