Three of the major indicators of the economic condition of Canada are the gross domestic product (GDP),the price indices,and the:
A)debt to equity ratio (DER).
B)gross resource utilization index (GRUI).
C)unemployment rate.
D)index of capital formation.

Question

Quizplus · Accepted Answer

Unemployment rate is a key economic indicator that measures the percentage of the total labor force that is unemployed but actively seeking employment. A low unemployment rate usually indicates a healthy economy with strong job growth and consumer spending.

Three of the Major Indicators of the Economic Condition of Canada