According to the article, ________ in ________ have contributed to Canada's ________ change in real GDP
A) increases; consumption and exports; expected
B) decreases; exports and investment; unexpected
C) increases; consumption and investment; unexpected
D) decreases; exports and government spending; expected
B
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Use the following graphs to answer the next question.
In the diagrams above, AD1 and AS1 represent the initial state of an economy. If full-employment output is at Q2, which diagram represents the adjustment back to full employment output in the absence of government intervention? ________.
A. panel (A) only B. panel (B) only C. panel (C) only D. panels (B) and (C)
On the graph above, for a while after t = 0, the growth rate of technology is ________ the growth rate prior to time zero, and ________
A) below; falling B) below; rising C) above; constant D) above; falling
The Taylor rule is an example of a rule-based monetary policy system
Indicate whether the statement is true or false
The population of Alpha totals one million people, 40 percent of whom are employed. Average output per worker in Alpha is $20,000. Real GDP per person in Alpha totals:
A. $12,000. B. $8,000. C. $20,000. D. $50,000.