In the short run,macroeconomic analysis focuses on ________,while in the long run,the focus is on ________.
A) fiscal policy; monetary policy
B) short-run economic growth; population demographics
C) unemployment; inflation
D) the business cycle; long-run economic growth
Correct Answer:
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Q1: Since 1900,real GDP per capita in Canada
Q2: From 2005 to 2008,the average unemployment rate
Q4: The underlying fluctuations in real GDP due
Q5: As a result of the Great Recession,the
Q6: In Canada,most periods of very high inflation
Q7: The gap between Canadian GDP per capita
Q8: A common measure of the standard of
Q9: The labour force is
A) the sum of
Q10: The business cycle is usually illustrated using
Q11: In Canada,periods of deflation
A) primarily occurred during
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