In the Canadian economy today,real GDP per person,compared with its level in 1900,is about:
A) 50 percent higher.
B) twice as high.
C) three times as high.
D) 11 times as high.
Correct Answer:
Verified
Q1: The total income of everyone in the
Q3: Real GDP _ over the long run
Q5: The inflation rate in Canada averaged about:
A)
Q8: Macroeconomists cannot conduct controlled experiments, such as
Q9: A measure of how fast prices are
Q11: A typical trend during a recession is
Q13: All of the following are important macroeconomic
Q14: The ability of macroeconomists to predict the
Q19: Macroeconomics is the study of the:
A) activities
Q20: Recessions are periods when real GDP:
A) increases
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