Since 1870, the typical Canadian
A) became twice as rich.
B) became more than sixteen-times as rich.
C) became ten-times as rich.
D) remained as rich as the typical American.
E) remained equally as rich.
Correct Answer:
Verified
Q39: In the long run, inflation is caused
Q40: Unemployment, at the aggregate level
A)is avoidable.
B)is zero
Q41: What is produced and consumed in the
Q42: Macroeconomists tend to agree on
A)that all business
Q43: The 1981-82 recession in Canada
A)was caused by
Q45: When a country has a current account
Q46: When a country has a current account
Q47: Business cycles are
A)similar, and all are created
Q48: The idea that government budget deficits do
Q49: In the 2008-09 recession, the government deficit
A)stayed
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