Multiple Choice
Which of the following macroeconomic variables in Canada display a significant long-run trend over recent decades? 1.real GDP
2.the price level
3.the unemployment rate
A) 1 only
B) 2 only
C) 3 only
D) 1 and 2
E) 2 and 3
Correct Answer:
Verified
Correct Answer:
Verified
Q1: If the price index is P<sub>1</sub> in
Q2: The most common measure of productivity is
Q3: What is potential or full-employment output?<br>A)the maximum
Q5: In macroeconomics,if the value of the national
Q6: If the cyclical unemployment rate is negative,then
Q7: Most economists believe the single largest cause
Q8: In general,productivity is a measure of<br>A)the economy's
Q9: The table below provides macroeconomic data for
Q10: It is important for policymakers to recognize
Q11: Workers with experience and skills sometimes lose