Multiple Choice
Most Canadian provinces have 8 paid holidays per year. If the number of paid holidays increased, it is likely that real GDP would ________ and well-being would ________.
A) increase; increase
B) decrease; decrease
C) decrease; increase
D) increase; decrease
E) well-being does not depend on leisure
Correct Answer:
Verified
Correct Answer:
Verified
Q170: Disposable income is<br>A) income minus transfers minus
Q171: Which shifts a macro production possibilities frontier
Q172: Disposable income equals aggregate income plus net
Q173: Construction of the Canadian Pacific Railway in
Q174: If real GDP per person increases over
Q176: Which statement about nominal and real GDP
Q177: Business cycles are fluctuations of potential GDP
Q178: Which word does not describe a phase
Q179: Economic growth is represented on a macro
Q180: The neighboring countries of Portavilla and Ura