The Canadian recession of 1981-82
A) was likely caused by the problems in the mortgage industry in the United States.
B) had nothing to do with the Bank of Canada.
C) was the most-severe of the 1961-2018 period.
D) was the last recession in Canada during the 20th century.
E) was the least-severe of the 1961-2018 period.
Correct Answer:
Verified
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
Q50: What do we assume about households and
Q51: The government surplus is the same as
A)outlays
Q53: Adam Smith's Wealth of Nations emphasized
A)that Scotland
Q54: For the study of economic growth, it
Q55: The Fisher relation is
A)the negative relationship between
Q56: One possible explanation of the higher unemployment
Q57: Money is differentiated from other assets due
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents