Multiple Choice
The global financial crisis that spread to Canada in late 2008 has been dubbed:
A) The housing bubble crash.
B) The great financial crisis.
C) The great recession.
D) The great depression.
Correct Answer:
Verified
Correct Answer:
Verified
Q33: Macroeconomics explains the behaviour of individual households
Q34: Which of the following will not shift
Q35: Which of the following is a normative
Q36: A positive statement is concerned with:<br>A)some goal
Q37: Economics involves "marginal analysis" because:<br>A)most decisions involve
Q39: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" In line (3)
Q40: Production possibilities (alternatives) <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt="Production possibilities
Q41: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6686/.jpg" alt=" Refer to the
Q42: The "economic perspective" entails:<br>A)rational behaviour by individuals
Q43: An economic model is:<br>A)a value judgment.<br>B)a fact.<br>C)built