Multiple Choice
Which of the following is NOT a reason for the Bank of Canada and the government to keep a close watch on the housing market?
A) the potential effect on consumption spending caused by large decreases in housing prices
B) the financial consequences to mortgage holders if interest rates rise
C) the financial consequences to mortgage holders if house prices suddenly drop
D) the financial consequences to mortgage holders if house prices suddenly rise
Correct Answer:
Verified
Correct Answer:
Verified
Q40: Scenario 14-1<br>The economy is in long-run equilibrium.
Q41: Which expenditure item is responsible for the
Q42: Which statement best characterizes the long-run aggregate-supply
Q43: Why is the aggregate-supply curve upward sloping
Q44: In which situation would the long-run aggregate-supply
Q46: What happens when the dollar appreciates?<br>A) Canadian
Q47: An increase in the money supply raises
Q48: Suppose a stock market crash makes people
Q49: What is NOT included in aggregate demand?<br>A)
Q50: Which statement best characterizes the long-run aggregate-supply