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According to the Canadian Centre for Policy Alternatives (CCPA),in 1994,Canada's

Question 147

Multiple Choice

According to the Canadian Centre for Policy Alternatives (CCPA) ,in 1994,Canada's output gap was - 12.4% of potential output.In the same year,the unemployment rate was 10.3%.Okun's law implies that,in 1994,Canada's natural rate of unemployment was


A) 8.1%.
B) 5.1%.
C) 6.1%.
D) 7.1%.
E) 4.1%.

Correct Answer:

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