Multiple Choice
Which of the following best describes the unemployment rate in Canada compared to the United States?
A) It was higher in Canada before the 2008-2009 recession, then lower after.
B) It was lower in Canada before the 2008-2009 recession, then higher after.
C) They are generally equal.
D) They were equal before the 2008-2009 recession, then higher in Canada after.
E) It has been consistently lower in the United States, before and after the 2008-2009 recession.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: The idea that government budget deficits do
Q13: According to the Lucas critique, the effects
Q14: One explanation for the better performance of
Q15: Since 1870 in Canada, there has been<br>A)
Q16: In the 2008-09 recession, the government deficit<br>A)
Q18: The worldwide recession of the late 2000s<br>A)
Q19: A trade-off between aggregate output and inflation<br>A)
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Q21: When a country has a current account
Q22: When there is high inflation<br>A) interest rates