
One possible explanation of the higher unemployment rate in Canada relative to the U.S.before the 2008-2009 recession is
A) less generous unemployment benefits in Canada.
B) more generous unemployment benefits in Canada.
C) U.S. government policy was more effective in managing business cycles.
D) a larger population in the U.S.
E) more job training programs in Canada.
Correct Answer:
Verified
Q49: Real interest rates hit a low of
Q50: The real interest rate is
A) equal to
Q51: What explains the trends in nominal interest
Q52: Long-run inflation tends to
A) reduce employment, output,
Q53: When a country has a current account
Q55: The behaviour of the real interest rate
Q56: In the second half of the 20th
Q57: The recovery from the 2008-2009 recession in
Q58: The Canadian government budget was
A) continuously in
Q59: One consequence of government deficits is
A) lower
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