For the period 1961-2015 in Canada, the price level
A) was uncorrelated with real GDP.
B) led changes in real GDP.
C) was acyclical.
D) lagged changes in real GDP.
E) was coincident with changes in real GDP.
Correct Answer:
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Q45: Average labour productivity is computed as the
A)
Q46: For the period 1961-2015 in Canada, the
Q47: The real wage is
A) procyclical.
B) countercyclical.
C) acyclical.
D)
Q48: Average labour productivity
A) is a leading economic
Q49: Seasonal adjustment in macroeconomic analysis
A) is not
Q51: Real wages are defined as
A) inflation-adjusted wages.
B)
Q52: In the 1961-2015 Canadian data, the inflation
Q54: Average labour productivity tends to be a(n)
A)
Q55: Average labour productivity tends to be
A) procyclical
Q56: Why is forecasting GDP over the long
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