Compared with its level in 1900, the real GDP per person in Canada today is about:
A) 50 percent higher.
B) twice as high.
C) three times as high.
D) 11 times as high.
Correct Answer:
Verified
Q2: A severe recession is called a(n):
A) depression.
B)
Q3: The study of the economy as a
Q3: Compared with the real GDP during a
Q6: The total income of everyone in the
Q7: A measure of how fast the general
Q10: Real GDP _ over time and the
Q10: Deflation occurs when:
A)the real GDP decreases.
B)the unemployment
Q11: A typical trend during a recession is
Q19: Macroeconomics is the study of the:
A) activities
Q31: A period of falling prices is called:
A)
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