The inflation rate has been low in Canada since 1990 because
A) the Bank of Canada has a 2% inflation target.
B) oil prices have been low.
C) Canada is trading more with the rest of the world.
D) the government's budget deficit was brought under control.
E) employment insurance became less generous.
Correct Answer:
Verified
Q47: One explanation for the better performance of
Q48: In the 2008-09 recession, the government deficit
A)
Q49: During the 2008-2009 recession in Canada,
A) exports
Q50: Canada has become a more open economy
Q51: The financial crisis
A) originated in Canada.
B) had
Q53: When a country has a current account
Q54: Persistent current account deficits make sense if
A)
Q55: The unemployment rate in 2015
A) was at
Q56: The real interest rate is
A) equal to
Q57: More government spending
A) can compete with private
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