The general state of the economy is directly determined by the following elements EXCEPT for
A) growth rates in the gross domestic product.
B) inflation rates.
C) the number of baby boomers in the population.
D) the value of the Canadian dollar.
E) employment rates.

Question

Quizplus · Accepted Answer

While the number of baby boomers in the population may have an impact on specific industries and sectors, it is not a direct determinant of the general state of the economy. The other options, including GDP growth rates, inflation rates, the value of the Canadian dollar, and employment rates, all have direct impacts on the overall state of the economy.

The General State of the Economy Is Directly Determined by the Following