Average labour productivity
A) is a leading economic variable.
B) is a lagging economic variable.
C) is more variable than real GDP.
D) is about as variable as investment.
E) is procyclical.
Correct Answer:
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Q43: Phillips curves are
A) easy to find in
Q44: Why is it difficult to measure the
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)
Q49: Seasonal adjustment in macroeconomic analysis
A) is not
Q50: For the period 1961-2015 in Canada, the
Q51: Real wages are defined as
A) inflation-adjusted wages.
B)
Q52: In the 1961-2015 Canadian data, the inflation
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