Canada is considered as one of the
A) low inflation countries.
B) high inflation countries.
C) countries which has experienced hyperinflation.
D) high inflation but low unemployment countries.

Question

Quizplus · Accepted Answer

Canada is traditionally known for having a low inflation rate compared to many other countries. The average inflation rate in Canada between 1915 and 2016 was 3.12%, which is relatively low compared to countries such as Venezuela, Zimbabwe, or Argentina, which have experienced hyperinflation. Additionally, Canada's unemployment rate is generally considered low but not necessarily "low unemployment" to the extent that it offsets the low inflation rate.

Canada Is Considered as One of the