Which of the following statements by politicians is talking about the business cycle?
A) "An average of 220,000 new jobs are created each year in Canada."
B) "More capital investment will create more jobs."
C) "Crime rates increase every spring as the school year ends."
D) "Business always rises just before Christmas."
E) "Canadian unemployment is falling due to the upturn in the economy."
Correct Answer:
Verified
Q107: Use the figure below to answer the
Q108: The underground economy is any economic activity
Q109: Q110: Q111: In comparing the United States and China Q113: Potential GDP is Q114: Why is the Human Development Index thought Q115: Real GDP Q116: The four parts of the business cycle Q117: Business cycles are
A)the same as nominal GDP.
B)the
A)fluctuates around potential GDP.
B)fluctuates from year
A)predictable, with an expansion following
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