The average rate of productivity growth in Canada over the past few decades has been about
A) 15 percent per year.
B) 0.2 percent per year.
C) 1.5 percent per year.
D) 25 percent per year.
E) 5 percent per year.
Correct Answer:
Verified
Q12: Which of the following may increase real
Q13: Changes in any of the following variables
Q14: A low factor- utilization rate describes _
Q15: GDP can be represented by the equation:
Q16: Suppose GDP in an economy is $144
Q18: GDP can be represented by the equation:
Q19: Inflationary gaps are typically associated with
A)excess supply
Q20: Consider a small economy where factor supply
Q21: In Canada, the labour- force participation rate
Q22: In the long run, changes to real
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