Multiple Choice
Why is the business cycle so important to Canadian National Railway?
A) Canadian National Railway plays a key role in setting the price level.
B) Fewer goods are shipped by rail now than in the past.
C) Consumer spending rises and falls with the business cycle, which causes demand for shipping services to rise and fall.
D) The business cycle causes consumers to permanently increase their consumption of services, permanently reducing the demand for shipping by rail.
E) The business cycle causes the federal government to invest more in upgrading the railway system.
Correct Answer:

Verified
Correct Answer:
Verified
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