Over the last 50 years in Canada,
A) the number of unemployed persons has been a much larger fraction of the labour force than it was during the first half of the 20th century.
B) both the labour force and employment have remained roughly constant.
C) the labour force has grown much more rapidly than employment.
D) the main trend of the economy has been to have employment grow more rapidly than the growth in output.
E) the main trend of the economy has been one of growth in employment that roughly matches the growth in the labour force.
Correct Answer:
Verified
Q23: If the price index is P1 in
Q24: If the price index is P1 in
Q25: Economic theory argues that there will be
Q26: Consider an economy in which existing capital
Q27: The unemployment rate will overstate the true
Q29: In the study of short- run fluctuations
Q30: Consider a small economy with 3 individuals
Q31: Economic booms can cause problems as well
Q32: Which of the following is the best
Q33: If one Canadian dollar can be exchanged
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents